Trump’s Tariffs Are Costing Republican Donors. Will They Cost GOP Campaigns Next?

Some major Republican donors are outraged about the president’s tariff strategy, which makes midterm fundraising more complicated for the party.

Trump speaking at the NRCC dinner.

AP

In the hours before the U.S.’s global tariffs took effect, President Donald Trump was boasting to a room of lawmakers, allies and donors at a House Republican fundraising dinner. Speaker Mike Johnson was sitting at a table near the stage, checking the Drudge Report.

Splashed across his phone screen were the words, “Stocks Continue Plunge,” NOTUS spotted.

The room at the National Republican Congressional Committee fundraiser was “upbeat” and “high energy,” one source told NOTUS. Rep. Richard Hudson, the committee’s chair, announced it raised $35.2 million, a sum Trump proclaimed “broke every record.”