logo
Opinion - Leland Vittert's War Notes: Willing to Try Anything

Opinion - Leland Vittert's War Notes: Willing to Try Anything

Yahoo04-04-2025

WOW: We heard some incredible and heartwarming stories from you and about your families after the announcement of my new book, 'Born Lucky.'
We'll share some of them tonight – make sure you check out the comments on our Instagram and TikTok video announcements.
You can preorder the book here – BornLuckyBook.com.
There will be a private virtual Q&A book event for 'War Notes' subscribers who buy the book.
Watch tonight: 12-time New York Times best-selling author and my co-writer for the book, Don Yaeger, joins tonight on the message of hope and promise of love and dedication that 'Born Lucky' offers.
Don't forget that April is Autism Awareness Month – as we learned from your messages, it's not just the parents of kids with autism who need hope but parents of kids with ADHD, physical disabilities, learning disabilities and the difficulties of growing up.
NewsNation Chief Washington Anchor and On Balance host Leland Vittert was a foreign correspondent for four years in Jerusalem. He gives you an early look at tonight's 9 pm ET show. Subscribe to War Notes here.
Much of the media, credentialed class, experts, politicians, economists – virtually every part of America's elite – spent the day with their hair on fire about President Trump's tariffs.
As we told you in yesterday's 'War Notes,' Trump does not care – he believes in tariffs like a priest believes in the Pope.
'The markets are going to boom. The stock is going to boom. The country is going to boom — and the rest of the world wants to see is there any way they can make a deal,' President Trump told reporters earlier today.
For those wondering why Trump voters appear willing to give him a chance – at least in the short term – let me explain why:
The same credentialed Washington elite and the media that brought us:
The 2008 financial crisis – where Trump voters lost their homes while Wall Street got rich.
Told everyone to wear a mask and stay at home while paycheck-to-paycheck workers worked in plants so the elite could get their Amazon packages.
Went all in on DEI and Black Lives Matter, often at the expense of white working-class Americans.
Knew President Biden was struggling physically and mentally but largely refused to report it.
Demand boys must be able to play girls sports or you are transphobic.
It's the same credentialed elite and media who now say that Trump's tariffs are going to kill the American economy.
MSNBC's banner read, 'Trump tariff fallout begins as layoffs price hikes and retaliation tank markets.'
I don't want to say that Katy Tur and her guest were giddy, but they did seem to delight in telling everyone how terrible Trump's policies would be for the country and most of all his voters – HA!
Katy Tur anchored from the floor of the New York Stock Exchange to drive home just how stupid Trump is.
CNN's banner read, 'Stocks battered as reality of Trump's tariffs sinks in/ stocks plunge, dollar weakens as recession fears grip Wall Street.'
Trump voters don't believe them – in fact, they are maybe a little happy that Wall Street is getting crushed.
Remember: Trump can selectively take the tariffs off as he sees fit.
As Bill O'Reilly explained earlier in the week, Trump likes the drama and wants to make deals and declare wins.
Those that give him wins will be rewarded.
Personal pain: Much of MAGA America – loosely defined as rural, mostly white and working-class people:
Are willing to give anything a chance because nothing else has worked.
Since the 1990s, their factories keep closing, their towns keep disappearing, their financial situation keeps getting worse.
They see the experts' plans making the experts and fellow elites richer, but not them richer.
So now when they see the 'experts' on TV, they laugh.
Almost as if when something is bad for elite and wealthy America, it must be good for them.
They might be okay with higher prices at the Dollar Tree – which just announced they might raise prices due to the tariffs – if it means factories and towns wiped out by low-cost overseas manufacturing see a boom in business.
Disclaimer:We told you last night that Trump is gambling with the American economy.
He's believed in tariffs since the 1980s, while Ronald Reagan pushed for fair trade and brought huge American economic expansions.
Consumers pay tariffs, not foreign countries.
As a 'War Notes' reader pointed out, if we are getting ripped off, as Trump says, why are we the richest and most powerful nation on Earth by a long shot?
It's going to get VERY ugly for a while – and the poorest always get hurt the worst.
But Trump might pull it off – we heard many of these same warnings about much smaller tariffs in his first term – economically, those tariffs ended up pretty well for everyone.
Then again, there are a lot of people who think I am wrong – see above.
Early wins: GM announced increased truck production at its Fort Wayne, Indiana, plant.
Pro tip: Trump should go to the plant tomorrow and hand out donuts to the third shift rather than taking the weekend at Mar-a-Lago.
Bad news: Stellantis announced that it will be temporarily laying off 900 employees at plants in Warren and Sterling Heights, Michigan, and Kokomo, Indiana.
Watch tonight: Bill Kristol and Scott Walker, plus Stephen Capone, president of Capone Iron Corporation, and Mayor Norman Bauer of Stanton, Tennessee, join us.
Tune into 'On Balance with Leland Vittert' weeknights at 9/8 CT on NewsNation. Find your channel here.
The views expressed in this article are those of the author and not necessarily of NewsNation.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Sanofi (SNY) Stock Down 5% Despite AERIFY-1 Success
Sanofi (SNY) Stock Down 5% Despite AERIFY-1 Success

Yahoo

time22 minutes ago

  • Yahoo

Sanofi (SNY) Stock Down 5% Despite AERIFY-1 Success

Sanofi (NASDAQ:SNY)'s shares fell 5% this week, even as the company announced positive results from its AERIFY-1 trial with Regeneron Pharmaceuticals, marking a significant advance in COPD treatment. This decline comes in contrast to a 2% rise in the broader market, suggesting that investors may be focusing on other company initiatives, such as SNY's recent partnership with Stagecoach Performing Arts to raise awareness about Type 1 diabetes. Despite the short-term drop, Sanofi (NASDAQ:SNY)'s long-term performance remains strong. Over the past five years, the company has delivered a total return of 19.59%, outpacing both the French Pharmaceuticals sector and the broader market, which saw declines of 4% and 4.5% respectively in the past year. Analysts remain optimistic about Sanofi (NASDAQ:SNY)'s future, with the current share price at €95.9 and a consensus target of €117.17, an 18.5% potential upside. The company's Projections for 2028 include revenues of €51.2 billion and earnings of €10.2 billion, supported by innovative drug development and efficient operations. While we acknowledge the potential of SNY as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None.

Viatris (VTRS) Faces Securities Fraud Class Action Over FDA Inspection Fallout
Viatris (VTRS) Faces Securities Fraud Class Action Over FDA Inspection Fallout

Yahoo

time22 minutes ago

  • Yahoo

Viatris (VTRS) Faces Securities Fraud Class Action Over FDA Inspection Fallout

On May 31, 2025, Viatris Inc. (NASDAQ:VTRS) became the subject of a securities fraud class action lawsuit filed in the U.S. District Court for the Western District of Pennsylvania. The suit alleges that between August 8, 2024, and February 26, 2025, the company and certain executives made materially false or misleading statements regarding the operational status of its Indore, India manufacturing facility. Ralf Kleemann/ The complaint centers on Viatris' public assurances that its facilities were in "good operating condition" and committed to "the highest quality manufacturing standards." However, following a failed inspection, the U.S. Food and Drug Administration issued a Warning Letter and Import Alert in December 2024 that affected 11 products, including the cancer drug Lenalidomide. On February 27, 2025, Viatris (NASDAQ:VTRS) disclosed that the inspection issues would negatively impact 2025 revenue by roughly $500 million and earnings from operations by about $385 million. This revelation led to a 15% drop in Viatris' stock price, from $11.24 to $9.53 per share. Investors who purchased Viatris securities during the specified period have until June 3, 2025, to seek appointment as lead plaintiff in the lawsuit. While we acknowledge the potential of VTRS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Vance says Musk's attacks on Trump were a "huge mistake" but tries to downplay spat
Vance says Musk's attacks on Trump were a "huge mistake" but tries to downplay spat

CBS News

time27 minutes ago

  • CBS News

Vance says Musk's attacks on Trump were a "huge mistake" but tries to downplay spat

Vice President JD Vance said Elon Musk was making a "huge mistake" going after President Trump in a storm of bitter and inflammatory social media posts after a falling out between the two men. But the vice president, in an interview released Friday after the very public blow-up between the world's richest man and arguably the world's most powerful, also tried to downplay Musk's blistering attacks as an "emotional guy" who got frustrated. Musk attacked Mr. Trump in a torrent of social media posts, first criticizing the president's spending package and then targeting him with more direct attacks. Mr. Trump then portrayed Musk as disgruntled and "CRAZY" and threatened to cut the government contracts held by Musk's businesses. Trump ally Steve Bannon called for an investigation into Musk's immigration status and alleged drug use. During an interview with comedian Theo Von, Vance said he hopes that "eventually Elon comes back into the fold," but said it might not be "possible now because he's gone so nuclear." The interview was taped on Thursday as Musk's posts were unfurling on X, the social media network the billionaire owns. "Look, it happens to everybody," Vance said in the interview. "I've flown off the handle way worse than Elon Musk did in the last 24 hours." Tesla and SpaceX CEO Elon Musk, President Donald Trump and Vice President JD Vance attend a campaign event, Oct. 5, 2024, in Butler, Pa. Alex Brandon / AP The vice president told Von that as Musk for days was calling on social media for Congress to kill Mr. Trump's "Big Beautiful Bill," the president was "getting a little frustrated, feeling like some of the criticisms were unfair coming from Elon, but I think has been very restrained because the president doesn't think that he needs to be in a blood feud with Elon Musk." "I actually think if Elon chilled out a little bit, everything would be fine," he added. Vance's comments come as other Republicans in recent days have urged the two men to mend fences. Just weeks ago, Mr. Trump and Musk were close allies, spending significant time together while the billionaire served as a special advisor to the president and led the "Department of Government Efficiency," or DOGE. Vance called Musk an "incredible entrepreneur," and said that DOGE, which sought to cut government spending and laid off or pushed out thousands of workers, was "really good." Vance defends Trump against Epstein allegations Musk, who runs electric vehicle maker Tesla, internet company Starlink and rocket company SpaceX, also claimed without evidence that the government was concealing information about the president's association with infamous pedophile Jeffrey Epstein. During the interview, Von showed the vice president Musk's claim that the Trump administration hasn't released all the records related to sex abuser Epstein because Mr. Trump is mentioned in them. Vance responded to that, saying, "Absolutely not. Donald Trump didn't do anything wrong with Jeffrey Epstein." Mr. Trump's name has been found in court documents related to Epstein's case, but his appearance in the documents is not evidence of wrongdoing. CBS News has previously covered Mr. Trump's presence in those documents. In February, the Department of Justice gave a group of right-wing influencers binders labeled "The Epstein Files: Phase 1," but the influencers later said that there was little new information in the files. Attorney General Pam Bondi later shared the documents widely and said the first phase "largely contains documents that have been previously leaked but never released in a formal capacity by the U.S. Government." She said more documents would be forthcoming, but there have been no other releases since. Musk appeared by Saturday morning to have deleted his posts about Epstein. "The president is doing a good job" Musk also shared a post calling for Mr. Trump to be impeached and replaced with Vance. He also called for the formation of a new political party. The vice president said comments like those were "just not helpful." "It's totally insane. The president is doing a good job," Vance told Von. The vice president also defended the bill that has drawn Musk's ire, and said its central goal was not to cut spending but to extend the 2017 tax cuts approved in Trump's first term. The bill would slash spending but also leave some 10.9 million more people without health insurance and spike deficits by $2.4 trillion over the decade, according to the nonpartisan Congressional Budget Office. Musk has warned that the bill will increase the federal deficit and called it a "disgusting abomination." Elon Musk and Vice President JD Vance listen as President Donald Trump speaks at a campaign rally, Oct. 5, 2024, in Butler, Pa. Evan Vucci / AP "It's a good bill," Vance said. "It's not a perfect bill." Vance also said it was ridiculous for some House Republicans who voted for the bill but later found parts objectionable to claim they hadn't had time to read it. The vice president said the text of the bill had been available for weeks. "The idea that people haven't had an opportunity to actually read it is ridiculous," Vance said.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store