Scott Peters U.S. House of Representatives from California | Official U.S. House Headshot
Scott Peters U.S. House of Representatives from California | Official U.S. House Headshot
Rep. Scott Peters, currently serving in the U.S. Congress for California's 50th district, shared his concerns about the impact of trade policies in a series of tweets on April 4, 2025. Peters, who replaced Brian Bilbray in 2013, has been a vocal figure in discussing economic and industrial issues.
On April 4, 2025, Rep. Peters tweeted, “There is nowhere to hide in the auto industry from President Donald Trump’s auto tariffs, according to former Ford CEO Mark Fields.” This tweet highlights criticism from industry experts about the impacts of Trump's trade policies on the automotive sector.
In another tweet on the same day, Peters expressed, "Trump’s tariffs are crashing our economy, threatening price increases, and leading to firings. The only thing we're liberated from is the trust of our longstanding trade partners and money in Americans’ savings accounts. Aon industry leaders and economists sounding the alarm:" This statement provides a broader perspective on the economic implications of these tariffs, emphasizing the concerns of multiple stakeholders.
Additionally, Peters noted, “Shockwaves reverberated through Wall Street on Thursday after President Trump announced higher-than-expected tariffs for most of America’s trading partners, upending economic forecasts and sending stock markets sharply lower.” This reflects the immediate market reactions following the announcement of increased tariffs, indicating volatility in financial markets.