[Congressional Record Volume 171, Number 79 (Monday, May 12, 2025)]
[Senate]
[Page S2851]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                                TARIFFS

  Mr. SCHUMER. Madam President, on tariffs, early this morning, it was 
reported that Donald Trump caved to Xi Jinping and the Chinese 
Communist Party, with virtually nothing to show for American workers. 
Donald Trump has changed his mind, once again, on his tariffs, with a 
new ``deal'' with China to pause most tariffs for 90 days.
  Sadly, it looks like China has, once again, gotten the better of 
Donald Trump. They hardly had to give up a thing.
  It is another example of Donald Trump's chaos. Trump has one policy 
for his tariffs on one day and a different policy the next day. One 
day, he is pretending to be a tough guy with China. The next day he is 
caving to China and getting little, if anything, in return. Who knows 
what Trump's tariff policy will be in 90 days?
  If I were a businessperson, I wouldn't count on what he is doing or 
what he says today that probably won't be in effect in the next week or 
the next 3 weeks.
  Even under this ``deal,'' tariffs are still significantly higher than 
they were before Trump's ``Liberation Day.'' Businesses will continue 
to struggle. Supply chains will continue to experience chaos, strain, 
and unpredictability.
  Again, this is only a 90-day pause. As I said before, it is 
impossible to predict what will happen next, even within the 90-day 
period, because Trump changes his mind so quickly. Whatever seems good 
in front of him at the moment, he goes for.
  First, he is mad at China and puts in the tariffs. Then he gets lots 
of blowback and backs off.
  Where will he be tomorrow? Who the heck knows. But businesses can't 
count on reliability, only on chaos.
  Donald Trump's trade war is a lose-lose-lose for American families 
and businesses, leaving them with increased costs and more chaos.

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