The eminent democrat admits that Trump Trade War is going well ” so far

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Pennsylvania Democratic Senator John Fetterman admitted that his party was wrong about President Donald Trump’s prices, saying that, so far, the American trade war “goes well”.
Questioned by Fox News Digital if he thought that the Trump administration had the trade war, Fetterman replied: “Absolutely”.
“”I am a big fan of Bill Maher, and I mean, I think he is really one of the oracles of my party, and he recognized it, it is like, hey, he thought that the prices were going to disembark the economy, then he recognized that not, “said Fetterman.
“So, for me,” he continued, “it seems that the European thing goes well, and I suppose that we will see how it will go with China.”
It comes as Trump is Increase the price on Canada From 25% to 35% from Friday, after the northern American neighbor did not help limit imports of fentanyl and other illicit drugs. The White House noted that Trump had signed an executive decree Thursday to increase the price in order to play Canada responsible for its role in the flow of illicit drugs in the United States
In addition, Trump signed another decree on Thursday to modify reciprocal rate rates for certain countries in order to further resolve trade deficits in the United States. The action reflects Trump’s efforts to protect the United States from foreign threats to national security and the economy by obtaining “fair, balanced and reciprocal trade relations,” said the White House.
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Pennsylvania Democratic Senator John Fetterman admitted that his party was wrong about President Donald Trump’s prices, saying that, so far, the American trade war “goes well”. (AP / Alex Brandon and Drew Angerer / Getty Images)
Earlier this year, Trump announced an additional 10% rate on all countries as well as higher rates for the countries with which the United States has major trade deficits. The prices entered into force on April 9. Since then, Trump and his team have since concluded several trade agreements with several countries.
The United States has concluded an agreement with the European Union in which the EU has agreed to buy $ 750 billion in American energy and to make new investments of $ 600 billion by 2028. The EU has also agreed to accept a rate rate of 15%. The United States has also concluded an agreement with Japan, which agreed to invest $ 550 billion in the United States to rebuild and extend the basic American industries. Japan has also agreed to continue its own American export market, and as the EU, Japan agreed with a basic rate rate of 15%.
However, many Democrats dig in their heels against Trump’s pricing strategy, saying that negative effects are still on the horizon.
Senator Jack Reed, Dr.I., provides that, despite the increase in income, “”In a few weeks or months, you will start to see significant increases in most of the things you buy. And also, you will see disturbances in terms of many industries, as they are unable to access products or supply. “”
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President Trump shakes hands with the president of the European Commission Ursula von der Leyen after having signed a commercial agreement on July 27, 2025, in Turnberry, Scotland. (Getty Images)
“When you have prices in mind, it works like a national sales tax, and I think people will be more and more injured,” predicted Senator Chris Van Hollen, D-MD.
“It was the president who said that he was going to come and reduce prices. Prices will increase, and they will increase more over time,” said Van Hollen.
Massachusetts Democratic Senator Elizabeth Warren said that “”Donald Trump can beat his chest and say: “Dude, I made him take a price of 15% or a price of 25%”, but I also understand that each of these business partners now resembles all the rest of the world to find other customers, because Donald Trump signals noisy and clearly that the United States under Donald Trump is not a reliable negotiation partner. And it’s good for none of us. “”
Warren also said that Trump’s prices are the reason why the federal reserve had not reduced American interest rates.
“”Jerome Powell said last month that he would have reduced interest rates in February if it was not for chaos that Donald Trump created about the business. And the consequence has been that US families have paid more on credit cards, more on car loans, more mortgage loans, for six months, all because Donald Trump created chaos, “she said.
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Senator Elizabeth Warren, D-MASS., Expresses himself during a demonstration outside the Supreme Court of the United States on Tuesday May 3, 2022 in Washington. (AP photo / Alex Brandon)
Meanwhile, the Republicans with whom Fox News Digital spoke urged the president to double his pricing strategy.
“I think it’s exactly the right approach. This is what I urged the president to do, and I think the successes he wins are great victories for America,” said senator Ted Cruz, R-Texas.
In response to Democrats always predicting economic benefits due to prices, Cruz has sarcastically noticed: “I am shocked, shocked that the Democrats are rooted for the economy to do badly under President Trump.”
“It would be good for some Democrats to put their partisan hatred aside for Trump and really start working together for American workers and American jobs. Unfortunately, I do not see many Democrats interested in doing so at the moment,” said Cruz.
Senator John Kennedy, R-La., While agreeing that the prices have succeeded, expressed that he hoped that the objective is finally to reach reciprocal prices with zero percentage between the United States and its business partners.
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“I think it’s exactly the right approach. This is what I urged the president to do, and I think the successes he wins are great victories for America,” said senator Ted Cruz, R-Texas. (Kayla Bartkowski / Getty Images)
“Clearly, the president obtained a good deal from an explained point.
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“This is what I would like to make in all commercial transactions,” said Kennedy. “Let the free business system work. That the best product at the best price of victory. It would be, for me, the perfect situation.”
Greg Wehner of Fox News Digital contributed to this report.