logo
Murdoch has picked a side – but not the one we expected

Murdoch has picked a side – but not the one we expected

Rupert Murdoch has demonstrated that one is never too old to be unpredictable. At 94, he has swerved into a new political lane with his willingness to punch an oversized dent in Donald Trump's armour – using his most credible news organ, The Wall Street Journal.
In doing so, Murdoch is asserting his media mogul credentials – that he is more important or will outlive any elected political leader. It represents a significant U-turn for Murdoch, who has publicly supported the president since his election and was seated in Trump's VIP box for the FIFA Club World Cup only a week ago.
For Murdoch, whose partisan loyalties are seen to be dictated by his balance sheet interests as much as his political hue, steering out of the Trump lane seems in equal part risky and brave.
But it's less risky than Elon Musk's move to harpoon Trump by publicly criticising the president's Big Beautiful Bill and threatening to create a new American political party. In doing so, Musk aimed his sights squarely at his own foot.
Murdoch's gamble appears way more considered and one that demonstrates he has read the room far better than Musk.
Loading
He effectively shirt-fronted Trump last week by green-lighting the WSJ to publish a letter from Trump to the late convicted paedophile Jeffrey Epstein that allegedly contained a drawing of a naked woman on which Trump's signature features prominently, with a message wishing that 'every day be another wonderful secret'.
For Murdoch, it is a gamble on how much self-inflicted damage Trump has done to his brand with his trenchant determination to keep the Epstein file under wraps.
Trump's entreaties to Murdoch and others inside the company to spike the story went nowhere. Then Trump made good on his knee-jerk social media response to 'sue his [Murdoch's] ass off, and that of his third rate newspaper' with a legal libel claim seeking $US10 billion in damages.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

EU and US agree trade deal with 15% tariffs for European exports
EU and US agree trade deal with 15% tariffs for European exports

Sydney Morning Herald

time8 minutes ago

  • Sydney Morning Herald

EU and US agree trade deal with 15% tariffs for European exports

Frankfurt: The European Union has ended months of dispute with US President Donald Trump by accepting a deal that imposes 15 per cent tariffs on billions of dollars in exports, submitting to the terms out of concern he might otherwise punish Europe with higher penalties. The outcome appears set to lift prices for American consumers and hurt sales for European exporters, in the latest example of global brinksmanship as Trump forces tariffs on major economies in the hope of raising huge sums of revenue for the US government. In a surprise addition to the deal, the EU agreed to buy energy worth $US750 billion from the US over the years ahead – part of the bloc's broader objective of reducing reliance on Russian gas. Trump said the EU would also invest $US600 billion more in the US economy, echoing a vague investment pledge in a trade deal with Japan last week. The deal was unveiled in Scotland on Sunday during Trump's visit to his golf estates, as hundreds of protesters gathered to object to his visit, while supporters chanted his name outside some of his events. 'I think this is the biggest deal ever made,' Trump told reporters after he emerged from talks with European Commission President Ursula von der Leyen. European industries were divided on the trade dispute over recent weeks, with German car makers anxious to gain a deal because of the threat to their sales from even higher tariffs, while French industry canvassed retaliation against US demands. Von der Leyen confirmed the 15 per cent tariff applied 'across the board' and framed the outcome as a win for stability. 'We have a trade deal between the two largest economies in the world, and it's a big deal,' she said.

EU and US agree trade deal with 15% tariffs for European exports
EU and US agree trade deal with 15% tariffs for European exports

The Age

time8 minutes ago

  • The Age

EU and US agree trade deal with 15% tariffs for European exports

Frankfurt: The European Union has ended months of dispute with US President Donald Trump by accepting a deal that imposes 15 per cent tariffs on billions of dollars in exports, submitting to the terms out of concern he might otherwise punish Europe with higher penalties. The outcome appears set to lift prices for American consumers and hurt sales for European exporters, in the latest example of global brinksmanship as Trump forces tariffs on major economies in the hope of raising huge sums of revenue for the US government. In a surprise addition to the deal, the EU agreed to buy energy worth $US750 billion from the US over the years ahead – part of the bloc's broader objective of reducing reliance on Russian gas. Trump said the EU would also invest $US600 billion more in the US economy, echoing a vague investment pledge in a trade deal with Japan last week. The deal was unveiled in Scotland on Sunday during Trump's visit to his golf estates, as hundreds of protesters gathered to object to his visit, while supporters chanted his name outside some of his events. 'I think this is the biggest deal ever made,' Trump told reporters after he emerged from talks with European Commission President Ursula von der Leyen. European industries were divided on the trade dispute over recent weeks, with German car makers anxious to gain a deal because of the threat to their sales from even higher tariffs, while French industry canvassed retaliation against US demands. Von der Leyen confirmed the 15 per cent tariff applied 'across the board' and framed the outcome as a win for stability. 'We have a trade deal between the two largest economies in the world, and it's a big deal,' she said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store