GOP leaders continue to hold Trump’s back on prices

President Donald Trump said on Monday that he was not open to the break of planned reciprocal prices while his trade war continues to go around the markets and create political headaches for his republican colleagues.

The White House, including Trump, continued to send contradictory messages to find out if its prices were an effort to bring nations to the table or a change in massive policy aimed at redirecting the American economy.

“There may be permanent prices and there can also be negotiations,” Trump told the journalists in the White House.

Treasury secretary, Scott Bessent, told Fox Business that “50, 60, maybe nearly 70 countries have now approached” the White House to discuss the prices.

Earlier in the day, the main advisor of the White House, Peter Navarro, wrote in the Financial Times: “It is not a negotiation. For the United States, it is a national emergency triggered by commercial deficits caused by a rigged system.”

In the midst of increasing political pressure, the leaders of the GOP of the two chambers clearly showed that they support the president.

“I do not think that has a future,” said the head of majority in the Senate, John Thune, to journalists from a bipartite bill to slow down presidential tariff powers.

Thune’s comments came after the White House officially declared that Trump would veto a bill to slow down the presidential tariff.

Until now, seven Republicans of the Senate, including meaning. Chuck Grassley and Mitch McConnell, said they would vote for such a bill. Grassley is the most senior republican in the Senate and the third in conformity with the presidency. McConnell led the Senate Republicans for almost two decades.

Through the Capitol, President Mike Johnson sounded a similar note.

“You have to give the president latitude, the track to do what he was elected to do,” said Johnson to journalists when he asked him questions about similar legislation.

Under the Grassley bill, new prices would expire whether the congress did not approve them within 60 days. The presidents would also be required to inform the congress of future prices before their announcement. The representative Don Bacon of Nebraska, one of the most vulnerable republicans of the Chamber, said that he would present legislation similar to Grassley’s in the Chamber.

Before Trump, free trade was one of the pillars of the modern republican party. Trump has supported protectionist policies for decades and has deeply criticized American trade policy.

The White House sought to support Trump’s latest tariff cycle in the midst of a crisis at Wall Street.

The industrial average of Dow Jones fell for the third consecutive day on Monday.

Trump maintains that short -term pain will ultimately benefit the economy.