NPR's Franco Ordoñez tells Up First that this was a stark message from the six Republicans who voted against the tariffs. "It’s another example of how Republicans are starting to stand up to the president" he adds. Tariffs are expected to help reduce deficits by over $3 trillion over a decade, according to a new Congressional Budget Office report. But it also shows that companies are passing off 90% of those costs to consumers. Ordoñez says Republicans have faced increasing pressure from their constituents about high costs, and the business community is afraid to invest amid economic uncertainty. |
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