Even Rand Paul Says Trump's Tariffs Could Lead to GOP Wipe Out
Senator Rand Paul is warning that Trump's tariffs could cause a wipe out causing Republicans to lose the House and Senate for the next 60 years.
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Senator Rand Paul (R-KY) is warning that Trump’s tariffs could cause a Republican wipeout that could cost them the House and Senate for the next 60 years.
The Republican from Kentucky told reporters on Wednesday that tariffs have previously “led to political decimation.”
“When McKinley, most famously, put tariffs on in 1890, they lost 50% of their seats in the next election,” he noted. “When Smoot and Hawley put on their tariff in the early 1930s, we lost the House and the Senate for 60 years. So they’re not only bad economically, they’re bad politically.”
“On tariffs, I think it’s just economically — it’s a fallacy to think that it’ll help the country,” Paul said in a separate interview also reported in Mediaite. “Tariffs are a tax, and if you tax trade or if you tax anything, you’ll get less of it.”
Indeed, the McKinley tariffs raised the average dut…
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