Former Vice President Mike Pence has emphasized the significance of maintaining affordable toys as a fundamental aspect of the American dream, in contrast to President Donald Trump’s assertion that families must adjust to living with fewer possessions due to his trade policies.
Trump has staunchly defended the idea that children can find contentment with fewer, albeit pricier toys, should his trade tactics lead to product scarcity on retail shelves. In a recent statement aboard Air Force One, Trump expressed his belief that young girls do not need an excess of dolls to experience happiness.
However, Pence has voiced concerns about implementing policies that could raise prices, emphasizing the importance of accessible and affordable toys for American families. Pence stressed the role of reasonably priced toys in the American dream during an interview with CNN’s Kaitlan Collins.
Disagreeing with Treasury Secretary Scott Bessent’s claim that inexpensive goods do not define the American dream, Pence drew from his experience in public service and personal financial challenges, highlighting the significance of affordable products in everyday life, especially while supporting a family.
The impact of Trump’s tariffs has already been felt, with companies like Mattel announcing potential price increases to offset rising costs. Pence criticized Trump’s blanket imposition of tariffs on various countries, cautioning that this approach could lead to inflation, consumer detriment, and negative effects on the economy.
Pence urged for a more strategic trade policy that focuses on addressing trade barriers with free nations while maintaining a firm stance with countries like China. He warned that the repercussions of the current trade strategy may not be well-received by the American people, advocating for a shift towards free trade policies to benefit both consumers and the economy.