WATCH: Democrats shrug at Wall Street rally, blame tariffs for higher prices

Democratic lawmakers dodged questions on why the inventory market has prospered below President Donald Trump regardless of their darkish predictions concerning the administration’s tariffs as they spoke to Fox Information Digital on Capitol Hill.

Some downplayed the market’s success, saying it has no affect on the nation’s actual financial momentum.

When requested by Fox Information Digital why the inventory market continues to be doing nicely when Trump’s tariffs are hurting the economic system, Sen. Catherine Cortez Masto, D-Nev., stated: “The inventory market isn’t the economic system.”

She emphasised that due to the tariffs, Individuals “really feel a worth crunch once they go to the grocery retailer, the costs are excessive.”

‘The tariffs are the reason for this. The tariffs or taxes on Individuals,” she stated. “And that is why these costs are greater. And that is why I fought in opposition to it.”

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Rep. Pramila Jayapal, D-Wash., President Donald Trump and Sen. Catherine Cortez Masto, D-Nev. (Kevin Dietsch/Getty Pictures; Jacquelyn Martin/AP Photograph; Invoice Clark/CQ-Roll Name, Inc through Getty Pictures)

Progressive Rep. Pramila Jayapal, D-Wash., informed Fox Information Digital that she believes the inventory market is barely doing nicely “as a result of the billionaires proceed to do nicely.”

“Companies obtained big tax breaks, $7 billion in tax breaks below the large, unhealthy treason invoice,” Jayapal stated. “That is why the inventory market is doing nicely, as a result of the shares actually, you already know, numerous these massive corporations really feel like they’re doing simply tremendous, they’re persevering with to get big tax breaks.”

Sen. Angela Alsobrooks, D-Md., stated that “it doesn’t matter what the inventory market says, [Americans] see that grocery prices haven’t fallen. They see that healthcare prices have grow to be actually exorbitant. They cannot afford it. They cannot afford the price of items.”

“That is what they anticipate us to reply to, it is the way it impacts them and their each day lives. And that is what I am right here and what I am specializing in,” she continued.

Sen. Chris Murphy, D-Conn., informed Fox Information Digital that “everybody in America is aware of the worth of products topic to the tariffs is greater.”

“The inventory market is necessary to lots of people, however what issues most to folks is costs. And proper now, individuals are struggling the implications of Trump’s financial insurance policies, together with tariffs,” he stated. “This isn’t what Democrats are saying. It is only a undeniable fact that tariffs are costing customers 1000’s of {dollars}.”

The Trump administration, in the meantime, has blamed the Biden administration for persistently excessive grocery retailer costs, reasonably than the tariffs.

’60 MINUTES’ SEGMENT COMPARES TRUMP’S ECONOMY TO THE STOCK CRASH OF 1929, CLAIMS CEOS TOO ‘NERVOUS’ TO SPEAK OUT

White Home Press Secretary Karoline Leavitt criticized the media for his or her protection of affordability below the Trump administration throughout a bilateral assembly between President Trump and Hungarian Prime Minister Viktor Orban. (Saul Loeb//AFP through Getty Pictures)

On Friday, White Home Press Secretary Karoline Leavitt posted on

“President Trump and his complete administration, from the NEC to the Treasury Division to the USDA, are working exhausting day-after-day to handle the affordability issues created by Joe Biden, who has unleashed the worst inflation disaster in fashionable American historical past – one thing the liberal media has barely blamed Democrats for over the previous 4 years.”

Leavitt wrote that “the worth of eggs, butter, ice cream, contemporary fruit, cereal, fish, seafood, rice, pasta and ham are all falling,” including that “the perfect is but to return.”

Again on Capitol Hill, Sen. John Hoeven, R-N.D., echoed this sentiment, saying, “The purpose is that [Democrats] that’s lacking [Trump] attempting to get higher phrases for us from all of the nations we export to, attempting to get a stage enjoying discipline and attempting to develop our exports.”

“It’s important to separate the brief time period from what is going on to occur over time,” he defined. “They’re attempting to make this argument within the brief time period due to the challenges of getting different nations to play pretty.”

“It’s important to undergo this course of,” Hoeven continued. “The president did it in his first time period, and we ended up with big gross sales to China and different locations, and that helped our agricultural markets and our different exports. And so it is the identical factor once more; he is working to be sure that we get higher phrases of commerce for all our producers, processors, farmers and everybody else. But it surely does not occur in a single day, it does not occur in a single day.”

SENATE REPUBLICANS CHANGE TRUMP’S RATES ON CANADIAN GOODS

U.S. Senator John Fetterman (D-PA) votes on the U.S. Capitol on October 8, 2025 in Washington, DC (Kevin Dietsch/Getty Pictures)

Trump’s tariffs are usually not all universally reviled by Democrats. Sen. John Fetterman, D-Pa., informed Fox Information Digital: “I agree with a few of the tariffs, particularly the one with China.”

“However I did not agree with going after Canada and our allies,” he continued. “In some circumstances, for instance relating to metal, it’s applicable. In another circumstances I do not essentially agree.”

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Fetterman added that “it now seems just like the Supreme Courtroom is now voting in opposition to that. So finally their opinion carries much more weight than mine.”

Confronted with the query of why the market continues to carry out nicely regardless of the tariffs, Sen. Richard Blumenthal, D-Conn., stated, “One factor I’ve realized is that you just should not attempt to predict or analyze the inventory market.”