Tuesday, February 4, 2025
Year : 2, Issue: 23/strong>
NY1: Mayor Eric Adams on Monday morning weighed in for the first time on President Donald Trump’s expected tariffs.
“I think one of the biggest mistakes that people are making is there are knee-jerk reactions to everything. We’re not going to do that. We’re going to analyze, understand what the real impact [is] so we’re not giving out mis or false information,” he said at an unrelated press conference.
The mayor, a Democrat, has resisted criticizing the Republican president on a host of issues.
Adams is facing a five-count indictment including bribery, fraud and accepting illegal campaign donations. The case is set to go to trial in April. But last Friday, Adams’ defense attorney Alex Spiro met with Department of Justice officials to discuss possibly dropping the case.
On Monday, Adams continued to sidestep questions about the president.
“I think we are two weeks, three weeks into this administration and they have to find the right balance,” he said.
Adams’ silence about the financial impact of the now delayed tariffs came as he was promoting an economic initiative for the city.
“Despite the historic growth, too many offices are still empty and too many storefronts remain vacant,” he continued.
The so-called “Race for Space” initiative aims to encourage out-of-state businesses to lease office space in the five boroughs through tax incentives.
The city’s goal is to have 15 tenants’ lease over 80,000-square-feet of space by 2025 and create over 3,000 new jobs.
