Biden Team Trashes Trump

Former Treasury Secretary Janet Yellen took to CNN this week to slam President Trump’s new round of tariffs on foreign imports—calling them the “worst self-inflicted wound” she’s seen in her decades-long economic career.

But for many older, hard-working Americans, the question is: Wasn’t it time someone stood up for U.S. jobs and industries?

💡 What Happened?

President Trump rolled out a 10% baseline import tariff on nearly every country, except for key partners like China, which now faces a whopping 125% total tax on certain imports. The goal? Level the playing field. Protect American workers. Bring supply chains home.

“These tariffs are doing immense damage,” Yellen told CNN’s Anderson Cooper, claiming they’ll hit household budgets and rattle markets.

She also warned of rising Treasury bond yields and a weakening U.S. dollar—a sign, she argued, that Wall Street is nervous.

📉 Wall Street Jitters or Long-Term Strategy?

Yellen called the bond movements “unusual,” pointing out that in times of crisis, Treasury yields typically fall, not rise. However, under President Trump, the rules may be changing. Instead of propping up the global financial elite, the focus is squarely on Main Street, not Wall Street.

“Independent central banks do better,” Yellen insisted, hinting that political pressure from Trump could destabilize the Federal Reserve.

But critics of the Fed argue it’s already failed retirees and savers by keeping rates low for too long and letting inflation eat away at fixed incomes.

🇺🇸 America First — Not Globalism

Trump’s America-first tariffs are meant to correct decades of unfair trade deals. And unlike previous administrations, he’s putting action behind his words.

• Mexico and Canada: Still face a 25% tariff on items not covered by the 2020 USMCA agreement.
• China: Faces the heaviest burden—part of a strong message to stop currency manipulation and economic bullying.

Despite the hand-wringing from elites, millions of retirees and older workers remember when the U.S. built its own cars, appliances, and steel. Trump’s tariffs aren’t a step back—they’re a step back toward strength.

📈 What Does This Mean for You?

For older Americans living on retirement savings or Social Security, inflation is already squeezing every dollar. But with stronger U.S. manufacturing and energy independence, the long-term results could mean:

• More stable prices
• Better job opportunities for younger family members
• A resilient supply chain that doesn’t rely on China
• National security through economic independence

🧠 Final Thoughts

Janet Yellen and the D.C. elite may not like it, but President Trump’s bold trade strategy is exactly the kind of leadership that older Americans—and the nation—have been waiting for.

In uncertain times, standing up for your own country isn’t just smart policy. It’s common sense.