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  1. United States
  2. Minn.
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STOP Trump TARIFFs

To: Sen. Smith, Rep. Omar, Sen. Klobuchar

From: A constituent in Minneapolis, MN

April 4

The stock market is poised for a second straight day of sharp declines amid mounting investor concerns about U.S. economic growth and the prospect of a global trade war. Ninety minutes before the start of trade in New York, Dow Jones Industrial Average futures were down nearly 1,500 points, or 3.6%. Futures on the S&P 500 and Nasdaq Composite slid 3.7% and 3.9%, respectively. Those numbers set up financial markets for another precipitous fall after stocks on Thursday suffered their biggest one-day drops since 2020, vaporizing roughly $2 trillion in investor wealth, according to FactSet. Due to the instability that is resulting due to Trumps tariff's world wide, I am being personally affected seeing my 401K value decreasing significantly . It has to stop. Congress must protect the interests of the American people and businesses. Not only will we see the impact on the stock market but later as the unrealistic tariff taxes will impact our budgets. I for one don't have enough discretionary monies in my budget in order to absorb up to $3-4,000 a year or replace my vehicle that is now prohibitive as it is let alone with the added tariffs. As a constituent who voted for each of my representatives and senator, we are counting on you to cross the aisle, speak out and defend the American people as I know you can do. STOP TRUMP's TARIFFs.

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