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Sen. Amy Klobuchar (D-Minn.) said early Thursday that “chaos” and “confusion” were still high one day after President Trump implemented a 90-day pause on his administration’s “reciprocal” tariffs.
“I look at what happened yesterday, and yes, there was euphoria that he made some change. But in the cold reality of today, chaos is still up, confusion is up, and it’s still a 10-percent tariff,” Klobuchar said on MSNBC.
The Minnesota lawmaker said Americans are looking at their 401(k) plans and “they know where grocery prices are up, they know that this Trump tariff tax is still a huge problem for them in their everyday lives.”
The Trump administration’s 10-percent baseline tariffs remain on nearly all foreign trading partners, while tariffs on imports from China, the world’s second-largest economy, stand at 145 percent.
Trump said Wednesday that the bond market encouraged him to give countries a reprieve on heightened levies.
“I thought that people were jumping a little out of line,” Trump said at the White House, adding that people were getting “a little bit yippy, a little bit afraid.”
The president’s decision to temporarily walk back the high tariffs spurred financial gains, with boosts to the Dow Jones Industrial Average, S&P 500 index and Nasdaq composite after his announcement. Stock markets were lower on Thursday afternoon.
Despite the reprieve, a bipartisan group of senators ushered in the Trade Review Act of 2025 seeking to require congressional approval for Trump’s sweeping tariffs on trading partners.
Klobuchar was a co-sponsor for the legislation, which the president has threatened to veto.
“The erratic way these tariffs have been announced, un-announced, and re-announced has made it difficult for families and businesses to plan for the future,” she said in a statement announcing the bill.