(WNY News Now) – ALBANY, NY – Governor Kathy Hochul issued a strong rebuke of President Donald Trump’s proposed tariff policy on Wednesday, calling it the “largest tax hike in American history” and warning of its financial impact on New Yorkers.
In a statement released by her office, Hochul criticized the plan, claiming it would increase costs for residents by more than $6,000 annually and trigger instability on Wall Street. The statement can be viewed below:
“Today, Donald Trump enacted the largest tax hike in American history, skyrocketed New Yorkers’ costs by over $6,000 per year, and sent Wall Street into a full blown panic.
“Trump’s tariff proposal isn’t ‘liberating.’ It’s destructive and devastating for the millions of Americans already struggling to make ends meet.
“Here in New York, I’m doing everything in my power to bring down costs and grow our economy. The White House needs to work with us, not against us.”
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