US Democratic lawmakers vow to push for repeal of unreasonable tariff policies

Deep News
11/07

Multiple Democratic members of Congress have said they will work to advance the repeal of the current unreasonable tariff policies, following strong voter reactions to the high cost of living and elevated inflation, as Democrats secured an overwhelming victory in the midterm elections.

Richard Neal, a Democratic federal representative from Massachusetts, said on the 6th that he is committed to reversing the Trump administration's unreasonable tariffs and behind-the-scenes trade agreements. Neal is expected to become chairman of the House Ways and Means Committee in the new Congress early next year. Speaking at a public event that day, he said the Trump administration deliberately created chaos and pursued unreasonable trade policies, driving up the cost of living and worsening income inequality in the United States.

Ron Wyden, a Democratic federal senator from Oregon, said that after becoming chairman of the Senate Finance Committee in January next year, he will push for legislation targeting the Trump administration's second-term tariffs. Hakeem Jeffries, a New York Democrat expected to become the next Speaker of the House early next year, said in an open letter on the 4th that "toxic" Republican policies such as tariffs and the Iran war have driven up the cost of living, and Democrats must do everything possible to bring living costs down.

Although these Democratic members of Congress have expressed their willingness to push for the repeal of unreasonable tariff measures, some analysts believe that while Democrats won control of both the Senate and the House in the midterm elections, US President Trump can exercise effective checks through vetoing congressional legislation and other means, and existing tariff measures may be difficult to see substantive easing in the short term.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10