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Home News Politics

Yellen: ‘Trump Tariff Plans Are Doing Immense Damage to Our Economy’

April 12, 2025
in Politics
Reading Time: 4 mins read
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Yellen: ‘Trump Tariff Plans Are Doing Immense Damage to Our Economy’
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Former Treasury Secretary Janet Yellen is once again pointing fingers — this time blaming President Donald Trump’s common-sense tariff policies for what she claims is economic damage. But as inflation continues to crush American families, many are wondering: is Yellen really in a position to talk?

On Friday, during an appearance on CNN’s “Anderson Cooper 360,” Yellen called Trump’s tariff strategy the “worst self-inflicted policy wound” of her entire career — and that’s saying something, considering she worked through the 2008 financial crash and the Biden economic disaster.

“The Trump tariff plans are doing immense damage to our economy,” Yellen claimed. “You can see that in the stock market… and we’re even beginning to see what looks like a flight away from dollar-based assets… which is a really scary development.”

Let’s pause for a moment and unpack that.

The Biden administration has spent over $6 trillion, triggered sky-high inflation, and driven up interest rates. Housing costs are out of control, grocery bills have nearly doubled in many areas, and energy prices are still a headache for working families. But Yellen wants you to believe it’s Trump’s fault?

It’s no secret that the Biden economy has been a disaster, and Yellen is doing everything she can to shift the blame. Tariffs? They were aimed at protecting American jobs and holding China accountable — something Biden’s team has completely failed to do.

“This is about putting America First,” Trump said in 2018 when launching tariffs. “We’ve been ripped off by other countries for decades, and it ends now.”

Let’s not forget why the tariffs existed in the first place. Trump slapped tariffs on foreign imports to level the playing field for American workers, particularly in manufacturing, steel, and agriculture — industries that had been gutted by decades of bad trade deals and globalist policies.

The goal? Bring jobs back to the U.S. and make China pay for its unfair trade practices. And guess what? It worked. During Trump’s presidency, China was finally on the defensive, and American factories were starting to hum again.

But Biden rolled over.

Yellen went on to suggest that the dollar’s recent dip and rising treasury yields are somehow Trump’s fault too. But financial experts know better. The pressure on the dollar and treasuries isn’t because of tariffs — it’s because investors are losing confidence in Biden’s runaway spending and lack of leadership.

“In chaotic times, usually treasury bonds are a safe haven,” Yellen said. “That’s not what’s happening now.”

Exactly. And the chaos isn’t coming from Trump’s policies — it’s coming from the Biden administration’s inability to lead.

If Yellen wants to talk about “self-inflicted wounds,” maybe she should look at:

  • 8% inflation that’s still haunting everyday Americans
  • A labor force stretched thin by open-border policies
  • Spending sprees that have mortgaged our children’s future

Tariffs? Those were Trump’s way of defending American sovereignty. Biden’s economy is what’s doing the real damage — and Americans are feeling it in their wallets every single day.

While Janet Yellen plays defense for Biden’s failed economic record, President Trump continues to stand for American workers and strong trade policies. The numbers speak for themselves — and the American people know who really had their back.

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Comments 2

  1. Donna Hunter says:
    3 months ago

    How could one expect anything less from a cabinet member of one of the worst regimes in the history of America?!

    Reply
    • Mac says:
      3 months ago

      For real, like its a no brainer!

      Reply

Leave a Reply to Donna Hunter Cancel reply

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