Former Vice President Mike Pence on Monday stated protecting toys inexpensive “really is part of the American dream” as President Donald Trump says U.S. households will merely must study to dwell with much less because of his commerce coverage.
Trump lately doubled down on his conviction that youngsters ought to be equally glad with fewer, costlier toys if his techniques lead to retailer cabinets going empty.
“A young lady, a 10-year-old girl, 9-year-old girl, 15-year-old girl, doesn’t need 37 dolls. She can be very happy with two or three or four or five,” Trump informed reporters aboard Air Force One on Sunday night. “Let’s not waste a lot of time on this stupid question.”
But Pence stated pursuing insurance policies that might elevate costs is not going to bode properly with American households.
“Keeping dolls affordable, keeping our kids’ toys affordable, that really is part of the American dream,” Pence informed CNN’s Kaitlan Collins.
Pence additionally appeared to disagree with a current assertion made by Treasury Secretary Scott Bessent, who argued “access to cheap goods is not the essence of the American dream.”
“Well, I’m somebody who spent almost my entire life in public service,” Pence stated. “We lived on our paycheck, while we raised three kids and put three kids through college. Cheap goods were a big part of it. And I think we ought to be candid about that.”
Already, Mattel, the corporate that makes Barbie dolls, stated it might improve costs “where necessary” to make up for larger prices prompted by Trump’s tariffs.
Pence raised considerations about Trump’s resolution to pursue indiscriminate tariffs on nations internationally, warning that his technique is not going to ship “a win for the American people.”
“I do have concerns that with the president’s call for broad-based tariffs against friend and foe alike, that ultimately the administration is advancing policies that are not targeted at countries that have been abusing our trade relationship, but rather are essentially new industrial policy that will result in inflation, that will harm consumers and ultimately harm the American economy,” he stated.
The former vice chairman predicted that the general public gained’t be joyful as soon as the affect of this commerce coverage turns into clear.
“I think the American people are going to see the consequences of this,” he stated. “I think they’ll demand a different approach. And I think that approach is free trade with free nations. Let’s use the leverage, the threat of tariffs to negotiate down trade barriers with free nations, even while we stand firm with China and others.”
https://www.huffpost.com/entry/mike-pence-trump-policy-threatens-american-dream_n_6819d2d9e4b085c2f858220c