Senator Elizabeth Warren demanded an investigation into recent tariff decisions by Donald Trump on April 10, claiming they were an attempt to manipulate the market for the benefit of his Wall Street supporters. Warren questioned if Trump’s sudden changes were aiding his capitalist allies in making profits, labeling this behavior as ‘corruption’ and ‘damaging to the US economy.’ She pointed out multiple tariff changes, especially regarding China, causing global market confusion. The temporary halt of these tariffs initially calmed the market, but Warren stated that Trump signaled billionaires to buy during this time. Warren called for an independent inquiry into these actions and urged Republicans to address this ‘tariff turmoil.’ She emphasized that this trend will only stop if Congress restrains Trump. Meanwhile, the risks of recession and inflation are rising, with economic indicators weakening, and global markets experiencing extreme volatility. Warren attributes this instability to the chain effects of Trump’s tariffs.
