Republican strategist Scott Jennings said on Monday that Democrats have more support for free trade since President Donald Trump announced mutual tariffs.
Trump announced new tariffs at Rose Garden event Wednesday to address the “terrifying imbalance” in import obligations and trade. Jenning said dozens of countries approached Trump for negotiations after the duties were announced. (Related: “We’re ec”: The union boss who supported Harris says he’s excited about one major Trump policy)
“Now, according to the Treasury Secretary, there are more than 50 countries who are already looking to come to the table and talk about how they can get a fairer free trade relationship with them,” Jennings told “Arena” host Casey Hunt. “That’s good, number one.”
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“Second, this is part of the transaction. The other part of the transaction is making the tax cuts permanent and perhaps if I were them, I would be able to cut capital gains taxes, cut corporate tax rates, and make sure that Democrats can participate,” Jennings said. “As a sudden, free trader and because of low taxes, I am amusing Democrats, so if you have Democrats who want to reduce taxation on business activities, let’s see how serious they are. I think it’s interesting to cut capital gains, cut corporate income tax, and everyone talks about the 08 crash. When the market crashed completely in 2022, these Democrats are in hysteric.”
During the 2024 presidential election, then President Kamala Harris said in a speech with the ADS and the speech that Trump’s plan to impose tariffs was a “sales tax,” and that American families would increase $4,000 a year, as reported in the Wall Street Journal.
In 2015, then-democratic Nevada Sen. Harry Reid opposed the law that then-President Barack Obama granted the “Trade Promotion Office” to the Trans-Pacific Partnership. Democrats also criticized the free trade agreement sent to Congress in 2011 by the Obama administration. (Related: “I’ve never met a tax cut I didn’t like”: Kudlow examines the possibilities and pitfalls of Trump’s tariffs)
Jennings said that once Trump takes office, Democrats also appear to be expanding their definition of recession.
“When we last plunged into a recession, we spent a year redefining the term “recession.”
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