Latest news with #China-oriented
Time of India
14-05-2025
- Business
- Time of India
WSJ comes down heavily on Donald Trump again; says the President surrendered to China in trade war
The Wall Street Journal wasn't shy this week when it ripped into US president Donald Trump's recent reversal of tariffs on Chinese imports, calling the move less a victory than a "major retreat", as per a report. WSJ Says Donald Trump's China Tariff Deal Looks More Like a Surrender In an editorial entitled "The Great Trump Tariff Rollback," the Journal's editorial board presented the deal as far from the "historic trade win" the White House touted it to be, according to DailyBeast. 'Rarely has an economic policy been repudiated as soundly, and as quickly, as President Trump's Liberation Day tariffs—and by Mr. Trump's own hand,' the board said in their criticism of the administration's action in reducing the tariffs on Chinese products from a record-high 145% to 30%, as per the report. China subsequently lowered its own levies from 125% to 10%. While the stock market applauded the news, rallying on Monday, the Journal wasn't so optimistic. 'The China deal is more surrender than Trump victory,' the editorial opined bluntly, as per DailyBeast. It also noted that 'Apart from the tariff rollback, neither side announced any broader concessions on the substantive trade issues that weigh on the U.S.-China relationship," quoted DailyBeast. The editorial also mentioned that, 'One tragedy of Mr. Trump's shoot-America-in-the-foot-first approach is that he's hurt his chances of rallying a united front of countries against Beijing's mercantilism,' adding that, 'By targeting allies with tariffs, Mr. Trump has eroded trust in America's economic and political reliability,' as quoted in the report. Live Events Feud Between Trump and the Wall Street Journal Heats Up Again This latest confrontation comes after Trump's long-standing feud with the Murdoch-owned newspaper. Trump lashed out at a Wall Street Journal reporter just last week, calling the newspaper "China-oriented" and adding that it had "gone to hell," reported DailyBeast. Later,the Trump administration said that Trump 'nuked' The Journal at the time, as per the report. FAQs Why is the Wall Street Journal criticizing Trump now? They believe rolling back tariffs looks like a surrender, not a win, and undermines Trump's own trade policy. What exactly did Trump do with tariffs? He cut US tariffs on Chinese imports from 145% to 30%. China lowered its own from 125% to 10%.
Yahoo
13-05-2025
- Business
- Yahoo
Trump Rages at Murdoch-Owned Paper: ‘Has Truly Gone to Hell'
President Donald Trump found the perfect opportunity to slam The Wall Street Journal when its reporter asked him a question aboard Air Force One. The president called the Journal a 'rotten' newspaper that has 'gone to hell' as he spoke to the media on Sunday. 'Who are you with?' the president asked a reporter, who said they were with the Journal. 'That's what I thought,' Trump said. 'Boy, you people treat us so badly. Wall Street Journal has truly gone to hell. Rotten newspaper. You hear me, what I said? It's a rotten newspaper.' The president instructed the reporter to 'go ahead' with asking their question, but then refused to answer. 'I wouldn't tell The Wall Street Journal because it'd be wasting my time,' he said. 'There are talks, but I don't want to talk to The Wall Street Journal. Wall Street Journal is China-oriented, and they're really bad for this country.' The exchange was posted to X by the White House's official online troll account, 'Rapid Response 47.' Trump has been at odds with the Journal for months over the newspaper's criticism of his market-crashing tariffs. Just last week, the paper's editorial board ran an opinion piece claiming Trump's tariffs could 'sink his Presidency.' 'Mr. Trump was elected to control inflation and raise real incomes, but tariffs do the opposite,' the board noted, adding that 'the tariff shock he's unleashed could sink his second term.' In January, after Trump placed a 25 percent tariff on imports from Canada and Mexico, the Journal's editorial board ran a piece headlined 'The Dumbest Trade War in History' that said the 'economic assault' on America's neighbors made no sense. 'Does President Trump understand money? ... The answer would appear to be no,' the editorial board wrote in February after Trump called for lower interest rates to go 'hand-in-hand' with his tariffs. 'I don't understand The Wall Street Journal Editorial Board, never have,' Trump hit back in a Truth Social post that month. 'They come to my aid when I least expect it, sometimes strongly, and I greatly appreciate that — Very meaningful! But then they come out with some real CLINKERS.' In March, Trump scored 'the globalist Wall Street Journal' for supposedly adopting the 'polluted thinking' of the European Union: 'Their (WSJ!) thinking is antiquated and weak, and very bad for the USA. But have no fear, we will WIN on everything!!!' But the Journal appears unbothered by Trump's remarks, branding the tariffs 'the biggest economic policy mistake in decades' in another scathing April editorial. 'Smart presidents pay attention to market signals and adapt,' the editorial board said. 'The adaptation now would be to negotiate a quick end to the tariff barrage. Claim some trade-deal victories, and call it a day. But markets are spooked because they don't know if Mr. Trump listens to anyone but his own impulses.'
Yahoo
13-05-2025
- Business
- Yahoo
Murdoch Paper Torches Trump Over ‘Surrender' to China in Trade War
The White House touted the rollback of tariffs on China as a 'historic trade win' for the U.S., but The Wall Street Journal thinks it looked more like a surrender. In a piece titled 'The Great Trump Tariff Rollback,' The Journal's editorial board labeled President Donald Trump's latest move less a victory than a 'major retreat.' Markets soared on Monday after the Trump administration announced a 90-day pause in its heated trade war with China. The White House lowered its tariff on Chinese imports from 145 percent to 30 percent, while China dropped its levies from 125 percent to 10 percent. 'Rarely has an economic policy been repudiated as soundly, and as quickly, as President Trump's Liberation Day tariffs—and by Mr. Trump's own hand,' the board wrote in the scathing Monday piece. 'The China deal is more surrender than Trump victory,' it added. 'Apart from the tariff rollback, neither side announced any broader concessions on the substantive trade issues that weigh on the U.S.-China relationship.' It's the latest salvo in long-running tensions between President Donald Trump and the newspaper owned by his friend, the media mogul Rupert Murdoch. Last week, Trump told a Journal reporter who asked him a question that the 'China-oriented' publication has 'gone to hell.' The Trump administration claimed Trump 'nuked' The Journal at the time. The Journal has long rejected Trump's tariffs, which it branded 'the biggest economic policy mistake in decades' in an April editorial. The editorial board doubled down on those sentiments on Monday. 'One tragedy of Mr. Trump's shoot-America-in-the-foot-first approach is that he's hurt his chances of rallying a united front of countries against Beijing's mercantilism,' it wrote. 'By targeting allies with tariffs, Mr. Trump has eroded trust in America's economic and political reliability.' The Journal said the silver lining to the tariff chaos was that markets forced Trump to back down from his 'fever dream' that the punitive levies would usher in a new golden age. 'The age didn't last two months, and it was more leaden than golden,' the paper said.
Daily Mail
05-05-2025
- Politics
- Daily Mail
Trump lashes out at WSJ reporter
Donald Trump was filmed giving a Wall Street Journal reporter a verbal lashing over the Rupert Murdoch-owned paper's critical coverage of his presidency. The footage was filmed as Trump made his way to DC from Palm Beach via Air Force One Sunday. The unnamed reporter is heard asking a question about Trump's diplomacy talks with Russian dictator Vladimir Putin - before being met with a pointed question himself. 'Who [are] you with?' Trump is heard asking over commotion caused by the gaggle. 'Wall Street Journal,' the male reporter replies - paving the way for a meltdown to remember. 'That's what I thought,' Trump snapped back, suggesting the right-leaning paper was somehow out to get him. The response grew more scathing from there - capping what appears to be a falling out between Trump and his old friend Rupert Murdoch, who also owns Fox News and the New York Post. 'Boy, you people treat us so badly,' he said of the paper Murdoch acquired in 2007, months after panning it as a 'globalist' rag and 'polluted' after it criticized his tariffs. The paper notably dubbed such policies as 'The Dumbest Trade War In History' - fueling the increasingly public falling out. 'Wall Street Journal has truly gone to hell,' Trump is heard exclaiming during the now-viral flameout. 'Go ahead, yeah,' he continued, urging the journalist to elaborate on his question. 'Rotten newspaper. You hear me? What I said? It's a rotten newspaper,' he asserted first, however - before being met with a follow-up from the persistent newsman. 'Are there any updates on talks with Vladimir Putin?' the journalist at this point asked - again rubbing the commander-in-chief the wrong way in the process. Trump, 78, responded by refusing to answer - telling the Journal reporter his publication was simply not worth his time and merely a mouthpiece for China, the president's primary adversary when it comes to leveling tariffs. 'I wouldn't tell The Wall Street Journal because it'd be wasting my time,' Trump told all the reporters in attendance. 'There are talks, but I don't want to talk to The Wall Street Journal. 'Look, Wall Street Journal is China-oriented, and they're really bad for this country,' he concluded, days after Elon Musk attacked the Journal for a separate story claiming Tesla had started the process of shopping for a new CEO. In March, Trump declared the paper presents a 'polluted' and 'antiquated' way of thinking, shortly after he found himself on the wrong end of some unflattering coverage surrounding his policies. 'China called Trump's bluff and seems to have won this round,' a portion of a piece from the Journal's usually conservative editorial board last month proclaimed, for instance. A similar shift in attitude was seen on Murdoch-owned asset Fox News and Fox Business, both of which began to criticize the conservative for his approach in April. At the time, the Journal reported an appearance from JPMorgan's Jamie Dimon on Maria Bartiromo's Mornings With Maria was what swayed Trump into pausing tariffs - a move that was almost immediately met with gains to a then tanking stock market. Personalities there such as Jesse Watters and Bartiromo continue to talk up Trump, despite his deepening unpopularity. According to a poll conducted by the network, approval of Trump's job performance is currently at 44 percent - down 5 points from March. has reached out to the Journal for comment.
Daily Mail
05-05-2025
- Politics
- Daily Mail
Moment Trump lashes out at reporter from one of America's most prestigious newspapers aboard Air Force One
Donald Trump was filmed giving a Wall Street Journal reporter a verbal lashing over the Rupert Murdoch-owned paper's critical coverage of his presidency. The footage was filmed as Trump made his way to DC from Palm Beach via Air Force One Sunday. The unnamed reporter is heard asking a question about Trump's diplomacy talks with Russian dictator Vladimir Putin - before being met with a pointed question himself. 'Who [are] you with?' Trump is heard asking over commotion caused by the gaggle. 'Wall Street Journal,' the male reporter replies - paving the way for a meltdown to remember. 'That's what I thought,' Trump snapped back, suggesting the right-leaning paper was somehow out to get him. The response grew more scathing from there - capping what appears to be a falling out between Trump and his old friend Rupert Murdoch, who also owns Fox News and the New York Post. 'Boy, you people treat us so badly,' he said of the paper Murdoch acquired in 2007, months after panning it as a 'globalist' rag and 'polluted' after it criticized his tariffs. The paper notably dubbed such policies as 'The Dumbest Trade War In History' - fueling the increasingly public falling out. 'Wall Street Journal has truly gone to hell,' Trump is heard exclaiming during the now-viral flameout. 'Go ahead, yeah,' he continued, urging the journalist to elaborate on his question. 'Rotten newspaper. You hear me? What I said? It's a rotten newspaper,' he asserted first, however - before being met with a follow-up from the persistent newsman. 'Are there any updates on talks with Vladimir Putin?' the journalist at this point asked - again rubbing the commander-in-chief the wrong way in the process. Trump, 78, responded by refusing to answer - telling the Journal reporter his publication was simply not worth his time and merely a mouthpiece for China, the president's primary adversary when it comes to leveling tariffs. 'I wouldn't tell The Wall Street Journal because it'd be wasting my time,' Trump told all the reporters in attendance. 'There are talks, but I don't want to talk to The Wall Street Journal. 'Look, Wall Street Journal is China-oriented, and they're really bad for this country,' he concluded, days after Elon Musk attacked the Journal for a separate story claiming Tesla had started the process of shopping for a new CEO. Trump: Who you with? Reporter: Wall Street Journal Trump: Wall Street Journal has truly gone to hell. Rotten newspaper. You hear me, what I said… It's a rotten newspaper.. — Acyn (@Acyn) May 5, 2025 In March, Trump declared the paper presents a 'polluted' and 'antiquated' way of thinking, shortly after he found himself on the wrong end of some unflattering coverage surrounding his policies 'China called Trump's bluff and seems to have won this round,' a portion of a piece from the Journal's usually conservative editorial board last month proclaimed, for instance. A similar shift in attitude was seen on Murdoch-owned asset Fox News and Fox Business, both of which began to criticize the conservative for his approach in April. At the time, the Journal reported an appearance from JPMorgan's Jamie Dimon on Maria Bartiromo's Mornings With Maria was what swayed Trump into pausing tariffs - a move that was almost immediately met with a gains to a then tanking stock market. A source told the paper the banker 'knew' Trump and his inner circle 'often watched Fox', and that his message would thus likely get through. Dimon, like others, had warned persisting the policy would trigger a devastating recession. Trump, who has yet to meet with Putin in-person despite calls from the Kremlin for such a summit, has not yet turned on Fox News. At the time, the Journal reported an appearance from JPMorgan's Jamie Dimon on Maria Bartiromo's Mornings With Maria was what swayed Trump into pausing tariffs - a move that was almost immediately met with a gains to a then tanking stock market Personalities there such as Jesse Watters and Bartiromo continue to talk up Trump, despite his deepening unpopularity. According to a poll conducted by the network, approval of Trump's job performance is currently at 44 percent - down 5 points from March.
