Trump warned he's playing a 'dangerous game' by messing with 'Rule #1 in politics'

Reflecting on the weeks of economic chaos Donald Trump has inflicted on American consumers and Wall Street investors as he has brashly instituted tariffs, then backed off, ramped them up again, and then started doing "carve-outs," a former GOP campaign consultant cautioned the president he is tempting fate.

Speaking with the hosts of MSNBC's "The Weekend," Tara Setmayer detailed the economic pain Americans are experiencing while Trump's rich buddies get richer.

That, she explained, could come back to bite him because he is ignoring what she called "Rule #1 in politics."

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"He [Trump] doesn't care about anyone this hurts except for his billionaire buddies and his own bottom line," she explained. "Back in 2012, Donald Trump is talking about how he loves when there's a bad economy, when the economy is bad, then I can buy things more cheaply. So, I mean, this is all we need to look underneath about who's benefiting from this and it sure as hell isn't the average American."

"Because it's the billionaire tech bros and all these other people who, you know, [GOP Rep.] Marjorie Taylor Greene selling off stocks and buying things, and you know, what's going on with the insider trading, like the market manipulation," she added.

"There's a bigger thing at play here and playing chicken with China is a losing battle," she elaborated. "This country relies on, fortunately, since permanent normal trade relations in 2000, relies heavily on China –– our economies are intertwined."

"Are there issues that we could do to try to work around that and get better deals? Yes," she conceded. "But it was also called the TPP, the Trans-Pacific Trade Partnership that Donald Trump blew up in 2017. If we had moved forward with that, we wouldn't be here now either. So this is all a very dangerous game that Donald Trump is playing, here, that is going to cost the American people a lot, and rule number one in politics is you don't mess with people's money."

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