Trump's economic policies face GOP criticism and stock decline

news.yahoo.com

President Donald Trump's economic policies are facing criticism as the stock market declines. Many Republicans are concerned that his approach, including tariffs and job cuts, may lead to a recession, forcing them to defend his decisions. Senate Democratic leader Chuck Schumer has agreed not to block a Republican funding bill, stating that a government shutdown would empower Trump. Meanwhile, the S&P 500 has dropped over 10% since its February peak, erasing gains from the past months. Trump's tariffs have raised concerns among lawmakers, with some warning they could harm the economy. Senators Mike Rounds and Rand Paul expressed worries about the long-term effects of these trade policies on consumers and local industries.


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