MSNBC’s Joy Reid warned President Donald Trump is going to ‘tank’ the United States economy.
Reid was interviewed by Chris Hayes on a broadcast of “All In” with a live studio crowd on Friday.
“This new round of tariffs would increase everything,” Reid noted. “Something like 70% of what you buy in Walmart is sourced from China.”
“And so if you raise the prices — that’s tariffs are — by 25% or 30%, you are essentially going to tank the U.S. economy just before Christmas,” she warned.
“Kicking brown people out of the country is expensive,” she said.
“If you’re willing to go broke, if you are willing to lose your farm, willing to lose everything because you hate brown people so much you are willing to literally kill yourself economically for it,” she said.
“It’s insane,” Reid added.
Pro-Trump fundraisers subpoenaed by Manhattan federal prosecutors investigating Giuliani henchmen
On Wednesday, The New York Times reported that federal prosecutors with the Southern District of New York have issued subpoenas for a number of people financing President Donald Trump's re-election effort, as well as independent pro-Trump groups, as part of their investigation of indicted Rudy Giuliani associates Lev Parnas and Igor Fruman.
Among those subpoenaed are Brian Ballard, a Trump campaign donor, and two people who helped fundraise for the super PAC America First Action, all of whom allegedly worked with Parnas and Fruman as they helped Giuliani run the Ukraine scheme.
Impeachment inquiry hearing bursts into laughter after Schiff burns Devin Nunes
The final speeches of the House Intelligence Committee came as the clock approached 8 p.m. EST.
Ranking member Devin Nunes (R-CA) made a passionate speech comparing the impeachment inquiry to the Spanish Inquisition but claimed that people who were murdered were actually treated better because they know their accuser. According to History.com, however, "those accused of heresy were forced to testify. If the heretic did not confess, torture and execution were inescapable. Heretics weren’t allowed to face accusers, received no counsel, and were often victims of false accusations."
Dem lawmaker demolishes GOP defense that Trump still did more for Ukraine than Obama
During the impeachment testimony of State Department officials Laura Cooper and David Hale, Rep. Eric Swalwell (D-CA) used his time to dismantle a growing defense of President Donald Trump's apparent use of Ukrainian foreign aid for an extortion scheme: that Obama didn't give Ukraine aid either, so Trump didn't even have to.
"Now as to the justification," said Swalwell. "The justification is that the Obama administration only provided blankets, so the Ukrainians should be grateful, even after being shaken down, that the Trump administration provided more, but the truth, Ms. Cooper, is that under the Obama administration and the European Reassurance Initiative, $175 million were provided from U.S. taxpayer dollars to the Ukrainians, is that right?"