• 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
World leaders react to Trump’s sweeping tariffs: ‘tumultuous times’ ahead
next post
Trump urged to review UN immunity, lax visa rules amid national security concerns

related articles

Trump says Israel and Iran ‘have to fight...

June 16, 2025

Israeli official rejects Trump’s call for Iran deal:...

June 15, 2025

Karine Jean-Pierre abandons Dems after years fiercely defending...

June 15, 2025

Dems ‘deliberately obfuscating’ truth about ‘big, beautiful bill’...

June 15, 2025

Former Clinton aide Huma Abedin, Alex Soros marry...

June 15, 2025

US Embassy in Israel tells government employees, families...

June 15, 2025

Netanyahu calls on Iranian citizens to seize ‘opportunity’...

June 15, 2025

Israel’s actions against Iran create strategic opportunity for...

June 14, 2025

Israel strikes at the heart of Iran’s nuclear...

June 14, 2025

Time for Israel to take out ‘head of...

June 14, 2025
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

  • Woman told House committee Matt Gaetz had sex with her when she was 17: report

    November 15, 2024
  • Republican senator teams up with Democrat to push $15 per hour minimum wage plus annual inflation increases

    June 11, 2025
  • Pepsi reports weakness in snacks segment as stock slides

    July 11, 2024
  • Israeli official reveals how ‘to truly defeat Hezbollah’

    December 29, 2024
  • Oil Industry Prioritizes Shareholders on Drilling Expansion

    January 27, 2025

Popular Posts

  • 1

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

    July 21, 2024
  • 2

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 3

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

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

    July 19, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (4,952)
  • Investing (634)
  • Stock (799)

Latest Posts

  • DAVID MARCUS: 5 shocking events that shaped the election

    November 3, 2024
  • RFK Jr. asked Harris for Cabinet post in exchange for dropping out, endorsing her: report

    August 15, 2024
  • Trump’s latest moves signals most ‘hawkish’ approach on China yet: expert

    February 26, 2025

Recent Posts

  • Israel keeping its ‘eyes open’ for Iranian attacks during Trump transition period, ambassador says

    November 22, 2024
  • Trump names latest White House staff picks as Jan. 20 inauguration approaches

    January 5, 2025
  • Turkey blocks Instagram following controversy over condolence posts for Ismail Haniyeh

    August 2, 2024

Editor’s Pick

  • Here are Trump’s top accomplishments 50 days into his Oval Office return

    March 11, 2025
  • Affirm announces JPMorgan Chase merchants can now offer installment loans at checkout

    March 26, 2025
  • Putin says Russia is open to economic cooperation with US on rare earth minerals

    February 25, 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