Politics
Democrats see an opening on the economy after Trump’s trade war wreaks havoc on global markets
Democrats are targeting Donald Trump’s weakened standing on the economy — even after the president paused his far-reaching reciprocal tariff policy that reverberated across global markets.
In interviews with more than a dozen Democratic lawmakers, congressional staffers and media strategists, many in the party see a prime opportunity to attack Trump on a key campaign promise they argue he’s failing to deliver — a message likely to be featured prominently in political ads if the economy continues to falter. Some candidates are already hitting tariffs in campaign launch ads, while the party is planning to capitalize on anger over the economy, among other issues, in upcoming town halls.
It’s an opportunity for Democrats on the economy, a major point of strength for Trump in his presidential campaign last year, even as they conceded the economic crisis had eased somewhat after the president paused some — but not all — tariffs on most countries. On Thursday afternoon, Trump clarified that the combined tariffs on Chinese goods is now at 145 percent. Most other nations will be subject to the 10 percent baseline tariff the administration levied last week. The markets reacted accordingly, with stocks plummeting at the end of the day.
Now, Democrats are banking on rising panic in worldwide markets and fears of a recession to knock Republicans down.
“We heard for five freaking months going into the last election, people beating up Biden and Harris about inflation, and the price of fucking eggs,” said longtime Democratic pollster Cornell Belcher, who worked on both of Barack Obama’s presidential campaigns. “So why the hell would we make [ads] about tariffs, as opposed to making it about the economy?”
He said Trump is presenting one of the most favorable gateways to Democrats in recent history, imploring Democrats not to squander the week of earned media about a near-global market implosion.
“There is an opportunity here, of historical proportions, given the advantage on the economy writ large that Republicans have had for decades,” he added. “You see Trump underwater on handling the economy and fighting inflation and bringing down costs – that is a major opening and a historic way for Democrats to take away what has been a major positive for Republicans.”
And recent polling backs up that claim that voters are waning on Trump’s economic stewardship. An Economist/YouGov poll of about 1,700 American adults released Wednesday showed Trump’s overall approval rating drop five percentage points from last week, combined with a four percentage-point drop in his handling of the economy. A poll from the Democratic group Navigator Research released Tuesday also showed 55 percent of 1,000 registered voters disapproving of Trump’s handling of the economy, an eight percentage-point swing since the group’s last poll in March. Another recent poll from the liberal group Data For Progress also showed a majority disapprove of Trump’s handling of the economy.
Not every poll showed dramatic changes. In a poll of 1,400 registered voters released Wednesday that was conducted April 3-7 from Quinnipiac, Trump’s handling of the economy and his overall approval rating remained steady or dropped only slightly.
Democrats and their affiliated groups are already blaming Trump for his scattershot tariff rollout as a way to pummel vulnerable Republicans in elections later this year and heading into the midterms.
Hours before Trump announced the tariff pause, the Democratic-aligned super PAC American Bridge released audio of Virginia Lt. Gov. Winsome Earle-Sears, the GOP gubernatorial nominee, praising Trump’s tariff plan. Democrat Mike Sacks announced his candidacy Wednesday in a nearly two and a half minute ad. It featured an image of the word “tariff” nine times in bold red font along with a crimson-color graphic of a stock market plunging that was superimposed over the face of his opponent, incumbent Rep. Mike Lawler (R-N.Y.), widely considered one of the most vulnerable House Republicans next cycle.
The Democratic-aligned group Families Over Billionaires, a nonprofit, is putting six figures into an ad running on social media and streaming platforms bashing the Trump administration over tax plans, and Democrats are planning a new round of town halls in GOP-held House districts over the upcoming recess.
Democrats argue the upheaval Trump injected into the economy undercuts the central premise that he campaigned on: that as a businessperson would be best positioned to grow the economy.
“The one thing that American voters want is security and safety. What they don’t want is chaos and uncertainty,” said Alex Jacquez, a former economic adviser to former president Biden who is now chief of policy for Groundwork Collaborative. “I think why you’ve seen such rapid deterioration on his approvals on the economy and on cost of living, tariffs and trade, is because not a single action that he has taken has been in service of addressing people’s number one concern, which is cost of living.”
And that is precisely what has Democratic admakers salivating.
“Keep it simple and keep it tangible and keep it relatable to everyone’s lives here,” said veteran media strategist Julian Mulvey, who has cut ads for Bernie Sanders and Kamala Harris. He urged Democrats and affiliated groups to not overcomplicate their messaging by talking about esoteric economic concepts like supply chains and capital markets.
Instead, he referenced the “you break it, you own it” doctrine of politics.
“Trump is sort of charging headlong into breaking the economy and, and he’s going to find out when he does,” he said. “Or in the modern vernacular: fuck around and find out.”
The White House, meanwhile, criticized the Democrats’ planned strategy.
“President Trump is the first president in modern American history to take decisive action to finally corner China and restore American Greatness,” White House spokesperson Kush Desai said in a statement. “If Democrats see an opportunity in President Trump and Republicans standing up for everyday Americans and restoring American Greatness, they’re headed for a worse election night than November 5, 2024.”
Several Democratic media strategists acknowledged it’s too early to say what the economy will look like when prime time campaign season hits. But that hasn’t stopped progressive strategists like Chuck Rocha from storyboarding what the anti-Trump attack ads will look like in the coming months.
“The best way to deliver the ad is from one of his voters, a white guy in his 50s who works in a steel mill, works at whatever the place down the street is that says: ‘Look, I don’t really care about either party. I voted for Donald Trump because I thought he would change a rigged system,” Rocha said of a hypothetical ad that features someone speaking directly to camera. “But he’s even rigging it more, and he’s rigging it for himself.”
And that’s on top of the party’s already established playbook around Elon Musk’s sledgehammer to government. Some Democratic ad-makers said Commerce Secretary Howard Lutinck’s comments about “fraudsters” getting Social Security checks was bound to backfire.
It’s something that’s caught the attention of lawmakers too, including Steven Horsford (D-Nev.), who won reelection in a key swing state that Trump flipped last year. The representative is one of 26 Democrats that the Republican campaign arm is targeting in the midterms.
“Market manipulation … that’s what happened,” Horsford said on Wednesday. “On the same day that they’re screwing America.” Horsford was referring to Trump’s social media post this week where the president proclaimed: “THIS IS A GREAT TIME TO BUY.”
Politics
Support for Iran’s team – but not for regime
LOS ANGELES — The political tensions surrounding Iran’s national soccer team were on full display Sunday at SoFi Stadium, where Iranian American fans loudly booed during the playing of Iran’s national anthem before the team’s World Cup match against Belgium.
Among the crowd were several supporters displaying Iran’s pre-revolution Lion and Sun flag, a symbol associated with opposition to the current regime. FIFA prohibits the flag inside tournament venues, but some fans carried it anyway — and at least one supporter waved it during the anthem in an act of defiance.
Conversations with Iranian American fans at the stadium in Inglewood revealed a consistent message: Their protests were directed at Iran’s government, not at the players representing the country on the field. An Iranian American man from Seattle who gave his name as Majid said that he appreciated the opportunity to “confront the tyrannies that are happening.”
“Iran is hostage for the past 47 years or so to a regime that is promoting terrorism and chaos in the region,” he said. “For the team, we support them. But the anthem, the flag — we don’t support it.”
That distinction was evident throughout the match, which ended in a scoreless draw. While the anthem drew intense jeers, Iranian players received loud cheers on corner kicks and takeaways.
The game, held amid U.S.-Iran talks to end the monthslong war between the two countries, was the second of two matches Iran played in Los Angeles, home to the largest Iranian community outside of Iran. Both ended in draws.
Politics
‘Don’t count on me to say bad words’
The French minister for sports, Marina Ferrari, was in New York City to support her national team, which will play its second match tomorrow against Iraq. On Monday, she dropped by the French consulate across from Central Park for an event organized by Business France to discuss the opportunities this year’s three-country World Cup represents for French and American companies.
Panelists included French Football Federation President Philippe Diallo, New York City Economic Development Corporation interim CEO Jeanny Pak and representatives from the NFL and the New Orleans Saints, which are playing the first ever professional (American) football game in France this fall at a stadium in the Paris suburbs.
In prepared remarks, Ferrari talked about Franco-American cooperation, not just for major sporting events, but also for America’s 250th anniversary.
“France will be, as it always has been, at your side,” she said.
In an interview afterwards, Ferrari answered questions in English about politically outspoken French footballers, Qatari influence in French sports and the beautiful game being divided into quarters by TV commercials during World Cup “hydration breaks.”
This interview has been edited for length and clarity.
What do you think of football becoming a four-quarter sport instead of a sport of halves? Are the Europeans concerned that this World Cup has made it into a four-quarter sport?
In France, we have been working with the broadcaster and they took the engagement not to put advertising during those pauses. For us, it’s important. When we organize in the future such a competition — with the weather and with the climate change — we will have to adapt the competition. So I understand clearly why those times now exist, but in France we take care about not pushing so much advertising during this time.
You talked about sports uniting. What do you think of Kylian Mbappé and others on the team taking stances against the far right?
I think a player is a citizen like anyone, so they can express their feelings, their political views, or their opinions. It is not forbidden — but, while playing, stop when you are wearing the shirt of France. But I think they are free to do that.
Paris 2024 was such a successful Olympics. What have you talked to Americans about to pull off a World Cup and an Olympics? And how are you meeting that same level for the Winter Olympics in 2030?
I think that we’ve got to think together about the future of these Olympic Games in winter, because you know, with the climate change, having snow in the future is more and more uncertain. So we’ve got to think, how do we produce snow in the future without taking water from the consumption of the citizens. So we have a lot to do on that, because in the future I think that only a few countries will be able to organize again [Winter] Olympics and Paralympics, so we’ve got really to create a new model, a sober model for the future and for the next generation.
Are you concerned about Qatari dominance of French domestic football, given the country’s sovereign wealth funds ownership of champion club Paris Saint-Germain?
We are proud of having Paris Saint Germain. I hear this bad buzz, blah blah blah, the investors, etc. I think we are lucky to have such a club, so don’t count on me to say bad words.
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