Dem Sen John Fetterman praises Trump's trade war tactics: 'It has been going well'

WASHINGTON, DC: Pennsylvania Democratic Senator John Fetterman just gave a big thumbs-up to President Donald Trump’s tariff war.

When asked by Fox News if he thought the Trump administration was “winning the trade war,” Fetterman was quick to acknowledge. "Absolutely," he said.

Fetterman also tipped his hat to HBO host and liberal favorite Bill Maher. "I'm a huge fan of Bill Maher, and I mean, I think he's really one of the oracles for my party, and he acknowledged it, it's like, hey, he thought that the tariffs were going to tank the economy, and then he acknowledged that it didn't," he said.

“So, for me, it seems like the EU thing has been going well, and I guess we'll see how it happens with China," Fetterman added. 

Donald Trump turns up the heat on Canada and the world

Meanwhile, Donald Trump is not letting off the gas pedal.

Trump hiked tariffs on Canada from 25% to 35%, citing fentanyl and other illegal drugs flooding in from the north.

The White House made it clear that the president signed an executive order on Thursday, July 31, to “hold Canada accountable” for not helping clamp down on the drug flow. The higher tariff went into effect on Friday.

What's more? He also inked another executive order aimed at revising tariff rules for countries running fat trade surpluses with Uncle Sam. The goal, according to the White House, is “fair, balanced and reciprocal trade relationships” to shield the US from “foreign threats to national security and the economy."

EU and Japan cut big deals with Donald Trump

Donald Trump’s trade tactics seem to be actually paying off.

Earlier this year, the president slapped a fresh 10% tariff on all countries, with even steeper penalties for those with big trade imbalances. That started on April 9. 

Since then, it’s been nothing short of deal city.

Firstly, the US struck a monster deal with the European Union, which agreed to buy $750 billion worth of US energy and invest another $600 billion by 2028. This, while they’re swallowing a 15% tariff too.

Over in Asia, Japan signed on to pump $550 billion into rebuilding and expanding American industries. They're also opening their own markets to US goods, with a matching 15% tariff.

Other Democrats continue to cry foul over Donald Trump's trade war approach

Of course, not everyone’s clapping. Plenty of Democrats are still sounding the alarm.

Senator Jack Reed of Rhode Island warned that even if there’s more money coming in now, "within a few weeks or months, you'll start seeing significant increases in most things you buy. And also, you will see disruption in terms of a lot of our industries, because they're not able to access product or supply."

Maryland Senator Chris Van Hollen got even more dire, predicting “people are going to be more and more hurt” because of what he called “across-the-board tariffs” that “operate like a national sales tax.”

“This is the president who said he was going to come in and reduce prices,” Van Hollen said. “Prices are going to rise, and they're going to rise more over time.”

Massachusetts Senator Elizabeth Warren accused Trump of playing tough while risking long-term damage.

“Donald Trump may beat his chest and say, ‘Man, I made him take a 15% tariff or 25% tariff,’” Warren scoffed, “but also understand that every one of those trading partners is now looking hard all around the rest of the world to find other customers, because Donald Trump is signaling loud and clear that the United States under Donald Trump is not a reliable trading partner. And that's not good for any of us."

Warren also blamed Trump’s chaos for keeping interest rates high.

“Jerome Powell said last month that he would have lowered interest rates back in February if it hadn't been for the chaos that Donald Trump was creating over trade. And the consequence has been that American families have, for six months now, been paying more on credit cards, more on car loans, more home mortgages, all because Donald Trump has created chaos," she added.