Former Vice President Mike Pence has publicly voiced significant disagreements with many of his former boss’s policies, revealing a growing rift with Donald Trump. In a recent interview, Pence didn’t hesitate to express his concerns, stating he scarcely knew where to begin when listing his objections.
Pence sharply criticized Trump’s proposals to cap credit card interest rates, arguing they would ultimately harm the very people they intend to help. He explained that such price controls would inevitably restrict credit availability for middle and lower-class Americans, a consequence rooted in basic financial principles.
Perhaps most surprisingly, Pence turned his attention to tariffs, a policy he previously supported during his time in office. He now actively urges the Supreme Court to invalidate Trump’s use of them, calling for a “reset” of the constitutional balance regarding trade.
He described tariffs as another form of price control, artificially inflating the cost of imported goods. Pence emphasized that these costs aren’t borne by foreign entities, but are ultimately paid by American businesses and consumers.
Pence framed his evolving stance as a return to core conservative principles. He explained that his shift from a Democrat to a Republican was driven by a commitment to free market economics and limited government, principles he believes Trump’s policies now undermine.
The legal basis for Trump’s tariffs rests on two key pieces of legislation: Section 232 of the Trade Expansion Act of 1962, citing national security concerns, and Section 301 of the Trade Act of 1974, addressing unfair trade practices. Both allow the president to impose tariffs without direct congressional approval.
A pivotal Supreme Court decision regarding the legality of these tariffs is anticipated in the coming weeks, potentially reshaping the landscape of American trade policy and further defining the relationship between the executive branch and Congress.
Pence’s willingness to publicly challenge his former leader signals a clear divergence in ideologies and a potential reshaping of the conservative movement. His criticisms offer a glimpse into the internal debates surrounding economic policy within the Republican party.