James Carville shares an intriguing theory behind Trump’s rates
The Democratic strategist James Carville for a long time appeared on Tuesday in “The Beat With Ari Melber” by MSNBC to discuss the steep international tariffs of President Donald Trump, sharing the confusion about his economic logic and the potential reason behind them.
“They are crazy by Trump,” Carville told Melber.
“He enters there and believes:” I don’t have to get the approval of Congress, I don’t need to take it to a cabinet, I can do this, “the political consultant continued. “And so, the idea that you can do something on your own, unilaterally, has a great attraction for him.”
“And then, of course, everyone should call it … because you can exempt people,” he added. “And so he likes to get up. He loves that foreigners call and say, hey, can you exempt … Finnish steel of these rates, or whatever, and everything is just a play.”
Trump said in the campaign last year that “rate” is “the most beautiful word in the dictionary.” In an executive order issued on its first day back in the White House earlier this year, he ordered his cabinet selection to prepare new tariffs for his administration to impose.
Imminent taxes against China, Canada and Mexico, as well as the European Union, have already damaged the ties between the affected nations and the world markets of the United States were prepared on Monday so that the tariffs enter into force on April 2, about what Trump has called “day of liberation.”
News
Economists have warned in recent months that these rates will increase the prices of consumer products, since the companies that import them have to assume the cost of the rate and will charge customers a higher price to compensate for the highest cost of acquiring them.
We do not work for billionaires. We work for you.
The great monetary interests are directing the government and influencing the news it reads. While other points of sale are withdrawing behind the paid walls and bending the knee at political pressure, News is proud to be not appealed and unilruled. Will you help us keep it like this? You can even access our stories without ads.
You have supported News before and we will be honest: we could use your help again. We will not go back to our mission to provide free and fair news during this critical moment. But we can’t do it without you.
For the first time, we are offering an experience without ads to qualified taxpayers who support our intrepid journalism. We hope it will join us.
You have supported News before and we will be honest: we could use your help again. We will not go back to our mission to provide free and fair news during this critical moment. But we can’t do it without you.
For the first time, we are offering an experience without ads to qualified taxpayers who support our intrepid journalism. We hope it will join us.
Support News
Already contributed? Log in to hide these messages.
“I think voters are becoming very, very worried about this,” Carville said on Tuesday.
The strategist argued that these policies “will harm a lot of people” with new financial loads “cannot be imagined,” and pointed out that even the editorial board of the Wall Street Journal, whom he called “some of the most conservative people in the country,” shared concern.
“There is no policy behind this,” he added. “It’s just his ego playing in public.”