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US lawmakers critical of Trump tariffs, say it will derail economy

Jon Hartney by Jon Hartney
February 21, 2026
in Bitcoin, Blockchain, Business, Market
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US lawmakers critical of Trump tariffs, say it will derail economy

The tariffs are just taxes on American businesses and consumers, while providing no benefit to the economy, critics of Trump’s policies say.

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The tariffs imposed by US President Donald Trump and the 10% global tariff announced by Trump on Friday have drawn critical reactions from US lawmakers, Washington, DC-based think tanks and attorneys. 

US Senator Rand Paul said that the Trump tariffs are a tax increase on “working families and small businesses,” characterizing them as a net negative on the economy.

“Those tariffs weren’t about security — they were a tax on families and small businesses to bankroll a reckless trade war,” US Congressperson Ro Khanna said. 

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