At a Senate Democratic press briefing, Senate Minority Leader Chuck Schumer (D-NY) discussed a new amendment to the Republican budget resolution to rescind President Trump's tariffs.
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NewsTranscript
00:00It gave me a good idea.
00:02Maybe we can show Donald Trump that the cost of golf balls
00:05is likely to go up under these tariffs.
00:08Maybe he'll write something.
00:10Questions?
00:11Yes?
00:12So you talked about how your amendment is calling
00:14on rescinding the tariffs.
00:16Can you explain the mechanism?
00:17Does it end the emergency of the trade deficit?
00:21What does it do?
00:22It basically says tariffs are repealed
00:24if the cost of goods goes up based
00:28on cumulative cost of price increases
00:31that we know regularly.
00:32It's automatic.
00:34It doesn't need the emergency.
00:35It's just done.
00:36So the CPI, when that comes out the next month, that's up.
00:39Correct.
00:40Then it's gone.
00:40They're gone.
00:41That's correct.
00:42Yes.
00:43The amendment says costs go up for American families
00:45because of tariffs.
00:47They will automatically be repealed,
00:49not because of an emergency or anything else.
00:51We know that costs are going to go up.
00:52And you said it would affect all countries except Russia,
00:55Korea.
00:55Is that what you're calling two countries, Russia, Korea?
00:58That's correct.
00:59Yes.
00:59Laura Bloomer took credit for the firing
01:02of multiple national security officials,
01:04including top staff directors.
01:07What do you make of the fact that a conspiracy theorist has
01:10such access to the president?
01:11An extreme conspiracy theorist who
01:14believes both 9-11 and January 6 were
01:19pre-cooked and pre-arranged.
01:21You know what it's like?
01:23It's like when the inmate run the asylum.