Bull Hedging
  • Politics
  • Stocks
  • Business
  • Investing
  • Politics
  • Stocks
  • Business
  • Investing

Bull Hedging

Politics

Democrat Rep Jared Golden says his party’s moving in ‘wrong direction’ on trade

by admin April 5, 2025
April 5, 2025
Democrat Rep Jared Golden says his party’s moving in ‘wrong direction’ on trade

A key moderate Democrat is warning his party they are heading the ‘wrong’ way on trade.

Rep. Jared Golden, D-Maine, was one of the few Democrats to express some optimism at President Donald Trump’s support for tariffs, specifically his move to add a 10% baseline duty to all U.S. imports. 

Golden noted in a brief interview with Fox News Digital on Thursday that he himself proposed legislation for a 10% universal tariff earlier this year and in the previous Congress.

When asked how his stance on tariffs has been received by fellow House Democrats, Golden said, ‘Well, I think that they are moving in the wrong direction when it comes to trade.’

‘I think it’s been a knee-jerk reaction to the president,’ the Maine Democrat explained of the more recent furor.

He said the Democratic Party he joined in his ‘formative years’ was ‘the party that was warning about things like the World Trade Organization or [the North American Free Trade Agreement (NAFTA)].’

‘It has kind of, I think, had a sudden movement in the opposite direction, and that’s unfortunate,’ Golden said. ‘You’ve got to look beyond, you know, who the president is…to ask themselves what would be good for rural communities or working-class people, or cities like Detroit, whatever it may be – those who have been hit hardest by the existing trade regime.’

He added, however, ‘I think that this debate has been brewing since the ’90s, so it’s not only about Trump.’

Golden has been known to break from his own party on issues like trade, border security, and notably, former President Joe Biden’s student loan relief efforts.

He won his seat in Maine’s 2nd Congressional District by less than 1% in 2024, while Trump carried the district by 10%.

He said on Wednesday that he was ‘pleased’ Trump’s tariff plan lined up with his own ideas for a universal tax on foreign goods.

‘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 pointed out, 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.

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

Golden added, ‘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.’

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

This post appeared first on FOX NEWS

previous post
Trump shakes up NSA leadership, appoints new acting director and deputy to replace Biden appointees
next post
Three Stocks to Watch: Utilities, Banks, Airlines

Related Posts

HHS axes more than $300M in gender, DEI-related...

March 28, 2025

Obama denies Trump’s ‘bizarre allegations’ that he was...

July 23, 2025

Trump FDA nominee turns vaccine question on Dem,...

March 7, 2025

Bernie Sanders, AOC, take aim at Trump and...

March 21, 2025

Trump signs proclamation declaring February 9 ‘Gulf of...

February 10, 2025

HHS SEC ROBERT F KENNEDY JR: American patients...

May 18, 2025

Rep Gimenez warns China is ‘greatest threat’ to...

December 15, 2024

Here’s what happened during President Donald Trump’s 6th...

March 1, 2025

EXCLUSIVE: White House rolls out implementation of AI...

April 10, 2025

Federal climate website goes dark as Trump administration...

July 2, 2025

Recent Posts

  • The Real Drivers of This Market: AI, Semis & Robotics
  • S&P 500 Breaking Out Again: What This Means for Your Portfolio
  • ‘There are 50 swamps’: State Freedom Caucus Network helps conservatives fight the ‘uniparty’
  • ‘Maine’s Mamdani’: Maine GOP chief issues warning about new challenger looking to oust Susan Collins
  • Federal judge rules Trump appointee Alina Habba is unlawfully serving as US attorney

Recent Comments

No comments to show.

About Us

About Us

Design Magazine

Welcome to Design Magazine. Follow us for daily & updated design tips, guide and knowledge.

Stay Connect

Facebook Twitter Instagram Pinterest Youtube Email

Recent Posts

  • The Real Drivers of This Market: AI, Semis & Robotics

    August 22, 2025
  • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    August 22, 2025
  • ‘There are 50 swamps’: State Freedom Caucus Network helps conservatives fight the ‘uniparty’

    August 22, 2025
  • ‘Maine’s Mamdani’: Maine GOP chief issues warning about new challenger looking to oust Susan Collins

    August 22, 2025
  • Federal judge rules Trump appointee Alina Habba is unlawfully serving as US attorney

    August 22, 2025
  • Pentagon unveils new medal for troops deployed in Trump’s southern border crackdown

    August 22, 2025

Editors’ Picks

  • 1

    Small Caps are Set to Skyrocket in 2025—Here’s What You Need to Know

    December 12, 2024
  • 2

    Ad revenue should stabilize for media companies in 2025 — if they have sports

    December 31, 2024
  • 3

    Trump leaves China guessing what his next move is with unusual inauguration invitation

    December 15, 2024
  • 4

    Lead Price Forecast: Top Trends for Lead in 2025

    January 11, 2025
  • 5

    Uranium Price Forecast: Top Trends That Will Affect Uranium in 2025

    December 19, 2024
  • 6

    Zinc Stocks: 4 Biggest Canadian Companies in 2025

    January 15, 2025
  • 7

    Trudeau declares himself ‘proud feminist’ after lamenting Harris loss to Trump as setback for women

    December 13, 2024
Promotion Image

banner

Categories

  • Business (510)
  • Investing (1,830)
  • Politics (2,231)
  • Stocks (734)
  • About us
  • Contacts
  • Privacy Policy
  • Terms and Conditions
  • Email Whitelisting

Disclaimer: bullhedging.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 bullhedging.com | All Rights Reserved