WASHINGTON — As U.S. markets tumbled Thursday, following President Donald Trump’s move to impose tariffs on nearly all imports, Sen. Rand Paul, R-Ky., said he expected many would be "reconsidering the wisdom" of the plan.  

“I think millions of people today on Wall Street that are worried about their retirement, worried about everything else, are voting with their dollars and saying, ‘Tariffs aren’t good for the economy,’” Paul said.

Paul and fellow Kentuckian Sen. Mitch McConnell, R-Ky., were among four Republican senators who joined Democrats to pass a resolution Wednesday, April 2 aimed at scrapping the president’s proposed tariffs on Canada.

“With so much at stake globally, the last thing we need is to pick fights with the very friends with whom we should be working with to protect against China’s predatory and unfair trade practices,” McConnell said in a statement. “Make no mistake: goods made in America will be more expensive to manufacture and, ultimately, for consumers to purchase, with higher broad-based tariffs.” 

In an online post, Rep. Morgan McGarvey, D-Louisville, called the tariffs “half-baked” and “overly broad,” and said they lack a full strategy to return manufacturing jobs to the U.S.

Trump said the tariffs were a move to put America first, in response to tariffs placed on U.S. exports over the years.

“This will be an entirely different country in a short period of time,” Trump said Wednesday.

Rep. Andy Barr, R-Lexington, said he stands with the president 100%.

He said in an online post, “the President’s policy will lead to more, not less, market access and free trade with Canada and many other nations.”

The president did not add more tariffs on Canada, on top of the 25% tariffs he already imposed on many of the products America imports from that country, but Canada has already retaliated, adding a 25% levy on some American cars.