Overview

• President Trump's sweeping tariffs, including steep measures on China, have triggered significant market volatility, with stock futures dropping by 600 to 700 points.
• Major Republican donors are reportedly 'terrified' over the economic and political fallout of the tariffs, according to Fox News' Steve Doocy.
• While some Republican lawmakers privately express reservations, many publicly support giving the administration time to prove the policy's effectiveness.
• Senator Thom Tillis has voiced strong frustration, questioning who will be held accountable if the tariff strategy fails.
• Critics, including Senator Rand Paul and several bipartisan lawmakers, argue the tariffs could harm the U.S. economy, with some pushing for Congressional oversight on trade policy decisions.