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Texas lawmakers in Congress weigh in on Trump's paused tariffs

Texas lawmakers in Congress weigh in on Trump's paused tariffs

CBS News13-04-2025
It was another wild week in the financial markets regarding President Trump's tariffs.
Last week, the President suddenly
pressed the pause button
. The markets jumped, then retreated Thursday, only to bounce back Friday.
Currently, three main tariffs are in place: A 145% tariff on all products made in China, a 25% tariff on imported autos, aluminum, steel, and products from Mexico and Canada not included in the United States-Mexico-Canada Agreement. Trump's decision to pause many of his tariffs and trade policies in general has sparked a lot of comments and controversy.
U.S. Sen. John Cornyn, a Texas Republican, praised the President's actions.
"He's got everybody's attention, and all these countries are coming to the table to negotiate. Ultimately, I think the goal should be zero tariffs, especially between friends and allies," Cornyn said. "I think the enhanced tariffs against China were entirely warranted. I am glad there will be a 90-day pause so those can be worked out."
Rep. Jasmine Crockett
, a Dallas Democrat, spoke with CBS News Chief Washington Correspondent Major Garrett on CBS News 24/7 America Decides, criticizing the President's trade policy.
"We are clearly on a rollercoaster, and it's not just those of us in the United States. It's our friends and enemies, and obviously, it is also the markets. I can't keep up with which way he is going when it comes to his strategy for the tariffs," Crockett said. "I hope we can get things on track. I hope that in a bipartisan way we can rein in this rogue wanna-be king."
Watch Eye On Politics at 7:30 a.m. Sunday on CBS News Texas on air and streaming on PlutoTV and the CBS News app.
Follow Jack on X: @cbs11jack
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