Durbin Statement On President Trump's Tariff Pause

WASHINGTON – U.S. Senate Democratic Whip Dick Durbin (D-IL) today released the following statement after President Trump announced he was temporarily dropping tariffs to 10 percent for 90 days. The President’s chaos has caused the markets to plummet in the last few days. In the week after President Trump’s tariff announcement, the S&P 500 dropped by nearly 19 percent from its last high on February 19—creeping eerily close to bear market territory.
“The chaos, uncertainty, and real damage of the Trump Tariff Tax will not disappear in 90 days. Bottom line: the President has created a global mess at the expense of American families and businesses.”
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