At a House Dads Caucus press briefing on Tuesday, Rep. Brad Schneider (D-IL) spoke about the working families impacted by President Donald Trump’s tariffs.
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript
Stay Connected
Forbes on Facebook: http://fb.com/forbes
Forbes Video on Twitter: http://www.twitter.com/forbes
Forbes Video on Instagram: http://instagram.com/forbes
More From Forbes: http://forbes.com
Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:
https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript
Stay Connected
Forbes on Facebook: http://fb.com/forbes
Forbes Video on Twitter: http://www.twitter.com/forbes
Forbes Video on Instagram: http://instagram.com/forbes
More From Forbes: http://forbes.com
Category
🗞
NewsTranscript
00:00With that, I'm going to hand it over to Representative Schneider, with not only a Dads Caucus member, but the head of the new Dems.
00:10Thank you, Jimmy, and thank you for your leadership in bringing us together as dads.
00:16We're gathering here, talking about what's on the minds of parents all across the nation right now.
00:21How they'll make sure they can keep a roof over their heads, put food on the table, save for their kids' future, as well as even their own retirement.
00:30And even how they'll care for their own parents as they begin to age.
00:34For families, Trump's trade war and his tariff tax are a five-alarm fire.
00:41Parents right now are already facing huge costs as they raise their kids with the crazy price of child care, expensive groceries, and skyrocketing college tuition.
00:52Instead of looking seriously at solutions that can help hardworking families not just get by, but get ahead,
00:58Trump is hitting them with a massive, probably the most extensive tax in U.S. history.
01:06The Yale Budget Lab estimates that Trump's tariffs will cost the average American family $3,800, almost $4,000.
01:16For many families, that's more than they make in an entire month.
01:20That's money they're relying on to pay for school supplies, lunches, daycare, birthday presents, afternoon snacks, and maybe even a trip to see their grandparents.
01:31Many of us up here right now know it's expensive to raise a kid.
01:36Well, Trump's tariff tax is going to make it much more expensive to raise those children.
01:41Toys, car seats, cribs, onesies, baby shoes, high chairs, everything you see on this table, we can expect to see the prices rise for all of the essential and already expensive goods.
01:54Diapers, we all know infants go through seven to ten diapers in a day.
01:59Trump just added a tax, a daily tax on diapers.
02:02American families deserve relief, but instead they're heading to the store in a panic to stock up on these supplies before the prices go up.
02:13Our Republican colleagues here in the House could put a stop to this today.
02:17They could stop it tomorrow.
02:19They could stand up and confront their president from unilaterally setting fire to our economy and creating what is certainly likely to be a self-inflicted recession.
02:31I joined my colleagues in calling on Speaker Johnson to bring legislation to the floor that restores Congress's authority, constitutionally mandated trade authority, and puts the people back in the driver's seat.
02:45And it's now my privilege to turn it over to my colleague, Representative Figures.