“There are concerns around additional graft and cronyism,” said Melinda St. Louis, global trade director at Public Citizen. President Donald Trump speaks to reporters on board Air Force One on April 3, 2025. As president, Trump is creating a “strategic” Bitcoin reserve, giving the U.S. government’s imprimatur to an “asset” that has zero intrinsic value. Norm Eisen, the top ethics lawyer in Barack Obama’s White House, agreed that Trump’s tariff scheme is an easy vehicle for corruption. “By asserting these imperial whims, Trump opens himself up to unseemly influence attempts from foreign countries to try to get tariffs reversed,” Eisen said.

Source: Huffington Post April 06, 2025 15:12 UTC