Trump News

'Worse-than-anticipated' reaction to Trump tariffs is 'freaking out Wall Street': reporter

Investors are holding their collective breaths over President Donald Trump's sweeping tariffs that experts and consumers alike fear could plunge the economy into a recession.

CNN reporter Matt Egan declared Thursday, "Clearly the president's trade war is freaking out Wall Street. It's sending shockwaves across global markets."

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'When empires fall': British columnist aghast at 'single stupidest thing' Trump has done

Ian Dunt, a columnist for the British publication iNews, found himself shocked and aghast at the economic self-destruction that President Donald Trump is leveling on his own economy.

In his latest piece, Dunt remarked of Trump's big tariff announcement this week that "this is what empires look like when they fall" and then went on to describe damage being done by the president.

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J.D. Vance: Wrongly deported man was no 'father of the year' partly due to traffic tickets

Vice President J.D. Vance defended mistakenly deporting a man to El Salvador by claiming he wasn't "father of the year" because he had traffic violations.

During an interview with Fox News, Vance was asked about Kilmar Abrego Garcia, 29, and others who the White House has admitted were wrongly deported to El Salvador despite not being a member of a gang.

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'They're very nervous': GOP insider says Republicans privately freaking out over tariffs

Republicans are privately fuming about president Donald Trump's tariffs, according to a GOP strategist, but publicly they're not willing to break ranks.

Global markets slumped after the president announced a baseline 10-percent global import tax and double-digit “reciprocal tariffs," and Republican strategist Doug Heye told "CNN News Central" that GOP lawmakers have been privately dreading Trump's campaign promise.

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Trump spokesperson scrambles to defend tariffs as CNN graphics show stock market sinking

During an appearance on CNN the morning after Donald Trump announced sweeping international tariffs as part of his so-called "Liberation Day," White House spokesperson Karoline Leavitt scrambled to defend her boss' moves as CNN graphics showed a stock market collapse.

Speaking with host Kate Bolduan, Leavitt went on extended diatribes about how the tariffs would benefit U.S. consumers and workers alike as she ducked questions from the CNN host about how much economic "pain" the administration believes Americans will tolerate.

With Leavitt insisting Wall Street is "missing the massive revenue that these tariffs are going to bring into the United States. Trillions and trillions of dollars in investment, which leads to more jobs in American communities," the CNN host interjected, "Karoline, sorry to interrupt, but on the immediate, on the in the most immediate, I mean, these farmers, as [NC GOP Sen.] Thom Tillis says, farmers are one crop away from bankruptcy. That farmer doesn't have time to wait for tariffs to work their way into the system; the benefit of it to work its way into the system at all, this is going to mean higher prices for Americans in the most immediate [time]."

ALSO READ: 'Not much I can do': GOP senator gives up fight against Trump's tariffs

"That's why I asked the question how much pain on a temporary basis is, okay –– what's the standard that the president is looking at in terms of how much pain Americans can feel on a temporary basis? That he's okay with?" Bolduan pressed.

"Again, the president is focused every single day on lowering the cost of living in this country while simultaneously implementing these very effective tariffs. Massive deregulation, an energy boom and tax cuts are the economic formula that will mean more prosperity in the lower cost of living and it's a proven formula," she replied before insisting, once again, "Look at President Trump's first term and the results. When he left office, inflation was 1.4 percent. He implemented many tariffs in his first term, that did bring in billions of dollars in revenue."

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'Picking your pockets': Observers accuse Trump of 'take job' amid record employment cuts

New data published by global outplacement firm Challenger, Gray & Christmas on Thursday revealed that more than 275,000 jobs were cut in the American economy in the month of March, which represents a record high for that month.

Notably, the job cuts came before President Donald Trump announced his massive tariffs on foreign goods this week that have sent stock market futures plunging on Thursday morning.

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'The patient lived!' Trump celebrates tariffs with 'operation' comparison as markets tank

President Donald Trump tempted fate with a social media post celebrating his controversial tariffs that called to mind George W. Bush's infamous "mission accomplished" speech during the Iraq war.

The president announced sweeping tariffs Wednesday on U.S. imports that shook up world markets and will increase prices for American consumers, but he fired off an all-caps post on Truth Social preemptively celebrating his policy's impact on the economy.

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Trump and Elon Musk to blame for '2020-style layoffs' in breaking news report: CNN analyst

Layoffs surged to the highest level since the pandemic driven by Donald Trump's cuts to the federal workforce through the Department of Government Efficiency.

Planned job cuts increased 60 percent to 275,240 last month, the highest level since the first wave of the Covid-19 pandemic in May 2020 and the third-highest monthly total on record, and CNN's Matt Egan marveled at the news.

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'Sobering reality' for Trump as he rages at night to friends about negative press: report

Seventy days after his return to the Oval Office, Donald Trump is finding his second presidential term honeymoon collapsing as the administration officials make embarrassing mistakes, key allies turn on him and more Republicans are publicly balking at some policies.

According to a report from Jonathan Lemire at The Atlantic, the president is increasingly calling friends late at night to snarl about how things are going as he realizes the "sobering reality" he is now facing.

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Biden skipped critical meeting at 'life or death' moment for his campaign: new book

Former president Joe Biden bailed on a meeting with progressive lawmakers at a critical moment in his doomed re-election campaign, according to a new book.

The octogenarian alarmed supporters with his halting performance in the June 27 debate against Donald Trump, and longtime adviser Ron Klain told him the next day that he needed to shore up support from the congressional progressive caucus at a White House meeting – but Biden said he had a photoshoot scheduled with Annie Leibovitz, according to excerpts from a new book published by The Guardian.

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'Truly amazing': Journalist slaps down White House aide's attempted fact check

A business journalist quickly slapped down an attempted fact check by a deputy White House press secretary on his revelations about president Donald Trump's tariffs.

Journalist James Surowiecki observed Wednesday evening that the president's sweeping worldwide tariffs seemed to be based on a simplistic formula, which takes the U.S. trade deficit with an individual nation and divides that number by its exports to the U.S.

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'Dangerously naive': Lawmaker flags Trump's ulterior motive for 'new super dangerous tool'

Donald Trump has an ulterior motive for enacting his controversial tariff policy, but there is a way that opponents can fight back, according to Democratic Senator Chris Murphy.

Murphy, who represents Connecticut, said in the wake of Trump's major trade war escalation that "those trying to understand the tariffs as economic policy are dangerously naive."

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'They've lost their cojones!' Two Republicans on CNN get in heated Trump trade debate

Two prominent CNN commentators led a lively debate Wednesday night over President Donald Trump’s sweeping set of tariffs – which quickly went south as "The View’s" Ana Navarro refused to back down from Republican strategist Shermichael Singleton.

Singleton, who expressed support for Trump’s steep new tariffs targeting China and the European Union, found himself the lone voice on CNN’s “NewsNight” defending the policy – and slamming free trade.

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