While he voted in favor Wednesday of Trump retaining the emergency powers he used to impose his Canada tariffs, Sen. John Kennedy (R-La.) has some concerns.
Sen. John Kennedy (R-La.) wasn’t concerned enough about President Donald Trump’s steep international tariffs to vote against them Wednesday — like some of his GOP colleagues — but did scold staunch supporters of the policy with a dire warning to multiple outlets.
“In the long run, we’re all dead,” he told CNN’s Manu Raju on Capitol Hill for “The Lead with Jake Tapper” on Wednesday. “Short run matters, too. Nobody knows what the impact of these tariffs is going to be on the economy.”
Trump dubbed April 2 “Liberation Day” and announced a sweeping 10% baseline tariff on all imports to the U.S., with levies on dozens of countries set even higher. He repeated his false claim Wednesday that foreign nations, rather than Americans, will shoulder the costs.
Only four Republican senators Wednesday — Rand Paul (Ky.), Lisa Murkowski (Alaska), Mitch McConnell (Ky.) and Susan Collins (Maine) — joined Democrats in voting against the emergency powers Trump is using to impose a 25% tariff against Canada.
Kennedy did not, but he reiterated his concerns in a Newsmax interview later that day.
“What the president is saying is, if you want to sell stuff to Americans, move your business to America and hire Americans and contribute to our economy, don’t just sell stuff,” he told anchor Rob Schmitt. “In the long run, he’s right. But in the long run, we’re all dead.”
The Louisiana senator added that he’s heard both favorable and disastrous assessments on the tariffs from economists in Washington, D.C., but said even “late-night psychic hotlines” are more accurate in their predictions — and slammed blind supporters of the policy.
“It may not [lead to inflation] this time,” Kennedy added. “Am I predicting that it will or won’t? No. I’m going to say it again. We’re in uncharted waters, and we don’t know. And anybody who tries to tell you that they know what the short-term impact is going to be is just lying.”
“Either that or they’re selling deep stupid,” he concluded.
Source: Huff Post
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