Vulnerable House Republicans are on defense amid the fallout from President Trump’s sweeping global tariffs, which have stoked uncertainty about the economy.
Markets took a nosedive Thursday following Trump’s announcement of a general 10 percent tariff on goods imported to the U.S., along with other targeted tariffs on various U.S. trading partners. The financial environment was not much better Friday, when the Dow Jones Industrial Average dropped 2,200 points and the S&P 500 lost 10 percent over the course of two days.
Kevin Hassett, director of the White House National Economic Council, will make a Sunday appearance on ABC’s “This Week.” He’s long touted the administration’s positive impact on the economy and even suggested second quarter sales would “take off” once Trump’s tax cuts kick in.
Republican Senators made strides towards advancing a budget reconciliation package this week that would include expanding the leader’s 2017 tax cuts and, bolstering border security and increased defense spending.
Democrats presented several objections through amendments, which were all struck down, leaving concerns about potential cuts to social services amid the financial reordering. Sen. Adam Schiff (D-Calif.) will likely share the party’s perspective on the events that played out on the floor during the wee hours of Saturday morning during an appearance on NBC’s “Meet the Press.”
Meanwhile, Sen. Ron Johnson (R-Wisc.) and Rep. David Valadao (R-Calif.) are set to appear on NewsNation “The Hill Sunday," where they will likely talk about these topics and more.
Read the full Sunday shows lineup here and follow along below for the latest updates.
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