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Chuck Schumer @schumer.senate.gov

Trump’s trade war has accomplished only one thing: chaos.

No details, no timeline, no plan.

His trade war is sending stock markets crashing, increases prices, hurting people’s retirement, and increasing the risk of a recession.

A graphic reads: This week puts to rest any notion that President Trump will deploy tariffs using his limited first-term playbook. Assume there will be import taxes on all kinds of stuff, all the time, for all sorts of stated reasons, for years to come. Why it matters: Trump's willingness to touch the hot stove of tariffs — even at the cost of higher consumer prices, a stock market slump, and disruption to America's deepest international relationships — is far higher than any president's in living memory.
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