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US media: Trump's tariffs scare Wall Street, some donors are trying to persuade Republican lawmakers to advise the president.

ChainCatcher news, according to Axios, the Republican Party in the United States acknowledges that they feel pressure due to President Trump’s tariff policies. Their Wall Street donors are also feeling this pressure, with some expressing dissatisfaction to key Republican lawmakers over the weekend. Trump is clearly stating that he will not tolerate any restrictions on his power to impose tariffs. However, Republican donors who are affected hope that lawmakers will help persuade the president, pointing out that tariffs are destroying the U.S. economy. Trump expressed dissatisfaction with the bill proposed by Senators Maria Cantwell (Democrat from Washington) and Chuck Grassley (Republican from Iowa). The veto threat he issued sent a message to all Republican senators considering supporting the bill: “Don’t even think about it, I don’t think that bill has a future,” Senate Republican leader John Thune stated. The lawmakers did not specifically mention the content of their discussions with donors, but their concerns have significantly increased after three consecutive days of turmoil in the U.S. stock market. On the other hand, some Republican senators, particularly Ted Cruz from Texas, publicly criticized Trump’s tariff policy, arguing that it is essentially a tax on American consumers.

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