'There are worries': Republicans reportedly near 'full freak-out mode' over Trump economy
U.S. President Donald Trump looks on, in the Oval Office of the White House in Washington, D.C., U.S., March 7, 2025. REUTERS/Leah Millis
March 13, 2025
The White House has been put on the defensive after Donald Trump's tariffs have rattled the stock market.
The president has issued a series of executive orders imposing radical changes on the federal government, and his tariffs have rattled the economy, sparking fears of a recession and forcing his allies to justify his plans after they've been executed, and the chaos has set off worries within the Republican Party, reported NBC News.
"There are worries," said a person who has been discussing the economy with White House officials.
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Officials at the White House's National Economic Council have privately expressed concern that a downturn would be slow to turn around, according to two sources with knowledge of the discussions, and a second source close to the administration said the president is ignoring officials who don't think his tariffs are a good idea.
"[Trump] doesn't want to talk to them right now," that person said.
Administration officials have been awkwardly trying to explain why a president who promised to improve the economy immediately after returning to the White House is now overseeing plummeting stock prices and soaring job losses.
"This was always part of the plan," said agriculture secretary Brooke Rollins said Tuesday on Fox News. "The president is so focused on — not the short term. ... He truly wants to fix America."
Trump's allies are disconcerted by his personal involvement in the on-again, off-again tariffs, and they've heard from lawmakers, donors and business leaders concerned about his economic policies and his apparent lack of strategy for the tariffs, which he insists are a tax on foreign countries, and Republicans are hearing from angry and worried constituents back home.
"At some point, members of Congress start going into full freak-out mode," said a Republican strategist who works for lawmakers in both the House and Senate. "I don’t know that that point has been reached on the economy per se. I think it’s been reached on some of the DOGE stuff and some of the tariff stuff."