• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

Democrat rep vows to work with Trump on key part of tariff plan: ‘Hoping that I can help’

by April 3, 2025
written by April 3, 2025

A moderate Democrat is expressing cautious optimism at President Donald Trump’s stance on tariffs in a stark departure from most of his party’s infuriated reaction.

Rep. Jared Golden, D-Maine, pointed out in a lengthy statement that he himself proposed a 10% blanket tariff on U.S. imports earlier this year and said he was happy Trump’s baseline policy was the same– and even publicly pledged to work with Trump on enshrining it in federal law in a subsequent interview with Fox News Digital.

‘What I can say now is I’m pleased the president is building his tariff agenda on the foundation of a universal 10% tariff like the one I proposed in the BUILT USA Act. This ring fence around the American economy is a good start to erasing our unsustainable trade deficits,’ Golden said in his statement.

‘I’m eager to work with the president to fix the broken ‘free trade’ system that made multinational corporations rich but ruined manufacturing communities across the country. But tariffs must be paired with policies that prioritize American families’ prosperity.’

He noted, however, that Trump ‘introduced a number of new tariff policies’ alongside the 10% universal tax, and that he would need time to review the policies in detail before weighing in on them further.

‘We need to make sure that the new approach benefits working people — that means supporting unions, the trades and apprenticeship programs, cutting regulations that hold back production, unleashing American energy and using tariff revenue to support domestic manufacturers that create good-paying jobs for Americans,’ he said.

‘Tariffs are a first step in rewriting a rigged trade system, but they cannot be the last one.’

He told Fox News Digital in a brief interview Thursday that he was open to working with Trump on codifying the 10% tariffs measure in federal law.

‘I’m really glad that he included that in his kind of broader strategy that he rolled out yesterday. And on the reciprocal tariffs, I would assume that he wants flexibility, he probably likes doing that through an executive order,’ Golden said. ‘But I’m of the mind that the 10% global tariff is something that should be part of a longer-term strategy for the U.S. And so, you know, I’m hoping that I can help the president get some members of Congress to support doing that in a bill and maybe put it on his desk.’

‘I think that the president and his team would have to do some heavy lifting to make sure that the House Republicans supported it, but if they didn’t have a lot of defections, you know, could I find some like-minded Democrats for a 10% global tariff? I think so.’

While it’s far from a full embrace of Trump’s tariff plan, Golden’s comments are still more optimistic than those of his fellow Democratic lawmakers.

‘I have always said that when used strategically, tariffs are a critical tool,’ Rep. Debbie Dingell, D-Mich., told Axios. ‘However, the key word is ‘strategically.’ I’m concerned about the chaotic and immediate implementation of these wide-reaching tariffs.’

Meanwhile, Rep. Gregory Meeks, D-N.Y., the top Democrat on the House Foreign Affairs Committee, pledged to force a vote targeting the new national emergency Trump is using to justify the 10% blanket tariff.

‘I’ll soon introduce a privileged resolution to force a vote on ending the made up national emergency Trump is using to justify these taxes. Republicans can’t keep ducking this — it’s time they show whether they support the economic pain Trump is inflicting on their constituents,’ Meeks said in a statement.

Golden has been known to break from his party on several key occasions. 

Maine’s 2nd Congressional District, which he has represented since January 2019, was won by Trump by roughly 10% in 2024.

Trump’s plan involves a 10% blanket tariff on all imports into the U.S., as well as tariffs of up to 50% on both adversaries and allies.

It also introduces some level of reciprocal tariffs on countries that tax U.S. exports, though in most cases, the U.S. rate is lower than the foreign country’s.

‘April 2, 2025, will forever be remembered as the day American industry was reborn. The day America’s destiny was reclaimed. And the day that we began to make America wealthy again,’ Trump said in remarks announcing his plan Wednesday.

This post appeared first on FOX NEWS
0 comment
0
FacebookTwitterPinterestEmail

previous post
Chip Roy follows Trump’s lead with bill to ‘beat China’ on trade
next post
Russia calls Trump threats to bomb Iran ‘illegal and unacceptable’

related articles

Trump’s apocalyptic Iran warning raises stakes for sweeping...

April 7, 2026

Graham eyes ‘down payment’ on Trump-backed SAVE Act...

April 7, 2026

Democrat whose parents fled Iran moves to oust...

April 7, 2026

Midterm alarm bells: Democrats face steep favorability deficit...

April 7, 2026

American journalist kidnapped in Iraq is set free,...

April 7, 2026

Dem Senate primary erupts in key state as...

April 7, 2026

Trump-backed candidate aims to pad GOP’s fragile House...

April 7, 2026

Ilhan Omar calls Trump an ‘unhinged lunatic,’ urges...

April 7, 2026

White House unleashes on Stacey Abrams in latest...

April 7, 2026

Former Virginia Gov Glenn Youngkin hints at political...

April 7, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Rubio tells House Dem ‘this is not a game show’ during heated hearing

    May 21, 2025
  • Trump says he ‘would be willing to do more than one debate’ with Vice President Harris

    July 23, 2024
  • Can reselling jets made for China to Asian airlines manage headwinds for Boeing? Here’s what experts say

    April 22, 2025
  • Dems warn House Republicans will pay price at ballot box for passing Trump’s ‘big beautiful bill’

    May 21, 2025
  • Japanese eateries hike prices as tourist influx reaches record levels

    July 30, 2024

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

    May 9, 2025
  • 5

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024

Categories

  • Economy (829)
  • Editor's Pick (8,502)
  • Investing (2,027)
  • Stock (1,017)

Latest Posts

  • Trump says ‘I don’t care when you vote’ in new House GOP ad urging voters to turn out early

    October 15, 2024
  • Trump not expected to carry through on Day 1 tariff threats

    January 21, 2025
  • Trump’s spending bill heads to Senate where Republicans plan strategic adjustments to key provisions

    June 9, 2025

Recent Posts

  • How a ship that glides like a pelican could change travel and defense

    August 21, 2025
  • Solana and Cardano: Cardano in lateral consolidation

    July 23, 2024
  • Trump lashes out at Israel and Iran with profanity for breaking ceasefire

    June 24, 2025

Editor’s Pick

  • Oil and natural gas: oil rose to the weekly open price

    July 26, 2024
  • Analysts see these US chemical stocks gaining as Middle East conflict deepens

    March 12, 2026
  • Watchdog finds ‘no evidence’ Biden knew of crucial climate EOs, demands answers on who signed autopen

    May 28, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock