Trump Advisor: Trump's Tariffs Effective and Will Continue to Ramp Up, Midterm Election Success Hinges on Economic Performance

BlockBeats News, June 8, Saturday. Trump advisor Dick Morris joked in a media interview that everyone is so obsessed with the "feud" between Trump and Musk that they have overlooked two pieces of news that could completely change the "Big Beautiful Act" debate. Morris said, "I'm not a marriage counselor, so I can't comment on their relationship. But I am a political advisor, let's talk about the 'Big Beautiful Act.' The first news is that the Fed data shows a 4.7% GDP growth in the first two months of this quarter. The Congressional Budget Office predicted 1.8%, and if it reaches 3%, the budget will be balanced. The 'Big Beautiful Act' will not increase the deficit; instead, it's great. The second news is that the import volume in the past month was less than half of the previous month, indicating that Trump's tariffs are effective and will continue to be strong, which is fantastic!"

Morris emphasized that the key factor determining the success or failure of the 2026 midterm elections is still economic performance. Trump has paved the way for the budget through a series of executive orders, "This time is different, we will not miss the opportunity again." (FX Street)

BlockBeats Note: The extensive tax budget proposed by Trump is referred to as the "Big Beautiful Act." The updated version of the act was narrowly passed in the House of Representatives last month (215 votes to 214 votes) and has now been sent to the Senate, where it is expected to face resistance from some Republican dissenters. The Republican leadership's goal is to have the act (preferably a version as close to the current one as possible) sent to the President for signing by July 4.