Trump Has Total Meltdown Over MSNBC Segment on How His Tariffs Suck
A two-minute-long takedown of his trade policies on MSNBC sent the president into a rage on Friday.
'Donald Trump is backed into a corner,' said MSNBC business host Stephanie Ruhle. 'His grand plans of 'tariffs, tariffs, tariffs,' aren't working. You're seeing day in and day out more business leaders—whether it's Warren Buffett, or Jamie Dimon, or Ken Griffin—on big global stages saying, 'This is going to crush us economically.' And then you've got congressmen, senators from every state, saying to this White House, 'Our small businesses are strangling, are dying here.' I'm not saying Donald Trump has changed what he thinks in his heart, but he's backed into a corner and he needs to get off this crazy tariff train, and he knows it.'
'So what did we see with England.… You've got a P.M. there who is a close ally of Donald Trump, and they're saying, 'Let's put on a show, let's create a theater, and let's say we've got a deal.' Yes, there aren't any details to it, there is still a 10 percent tariff, which is why Jay Powell is not cutting rates, cuz 10 percent is more than triple what it was, so it's still going to be painful, especially for small business,' Ruhle continued. 'But what's most important is the language around China. A week ago, China was like, 'We're not showing up unless you lower the tariffs,' and [they] didn't. Forty-eight hours ago Donald Trump said, 'We're not gonna lower the tariffs.' Yesterday he said, 'Yeah, maybe.' And today things are softening even more.… Donald Trump is looking for some sort of exit here.'
'Look at the cargo ships coming into Seattle, the Port of Los Angeles; pick the port. We're getting fewer and fewer ships with less and less cargo. And unless he turns this around, three weeks from now you walk into a store and we're going to have a Covid-like supply chain crisis, and Trump is looking for an exit.'
Ruhle brilliantly exposed the president's waffling on tariffs, introducing them with strongman language and massive guarantees while the reality is far more uncompelling. He introduced a trade deal with the U.K. on Thursday that wasn't even finished. By Friday, he walked back his tariffs on China before even negotiating, announcing a steep 65 percent drop in tariffs is on the table (making it a still outrageous rate of 80 percent tariffs on the country).
Ruhle's analysis clearly bothered the president, who took to Truth Social to express his disgust.
'I just watched an exhausted, highly neurotic Stephanie Ruhle spew LIES about Tariffs, as do many others, in order not to give me the Victory that they all see coming. Few people know Stephanie Ruhle, but I do, and she doesn't have what it takes,' he wrote, personally attacking the MSNBC host. 'Our Deal with the United Kingdom yesterday was AMAZING for both Countries and, in addition to everything else, British Airways just ordered $10 Billion Dollars worth of new Boeing planes. We're going to make a fortune with Tariffs, only smart people understand that, and Stephanie was never known as a 'High IQ' person. MSDNC has become the Voice of the Democrat Party, and they should be treated as a Political Advocate with all of the Taxes and Penalties therefrom. Their Ratings are terrible, but Brian Roberts and his crew should be forced to TELL THE TRUTH. MAKE AMERICA GREAT AGAIN!'
Trump chooses not to engage with any of Ruhle's arguments, instead choosing to focus on her demeanor and her workplace.
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