Finance Fusion Network
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Finance Fusion Network
No Result
View All Result

Trump Clashes With Reporter Over Tariffs, Citing Pandemic and ‘Fighting Lunatics’

by
August 1, 2025
in Latest News
0
Trump Clashes With Reporter Over Tariffs, Citing Pandemic and ‘Fighting Lunatics’

President Donald Trump clashed with a reporter Thursday over questions about a newly signed tariff, telling him that he had spent his first term ‘fighting lunatics like you.’ The intense exchange follows a White House signing ceremony for a series of executive actions aimed at expanding reciprocal tariffs and strengthening U.S. trade policy.

While speaking with reporters at the White House after the signing, a reporter confronted Trump on why he is emphasizing tariffs more in his second term. 

‘You’re weighing your decision to do that, your authority to do that based on a 1977 law. It’s never been invoked before,’ said the reporter. ‘Why didn’t you invoke this law in your first term? You could have taken in billions upon billions of dollars in your first term, but you waited until your second term?’

Without missing a beat, the president shot back: ‘Yeah, because in my first term, I was fighting lunatics like you who were trying to do things incorrectly and inappropriately to a president that was duly elected.’ 

‘And we did do certain tariffs in the first term,’ he continued. ‘If you look at China, China, we took in hundreds of billions of dollars from China.’ 

He also said that the COVID-19 pandemic also played a factor in his decision to not emphasize tariffs as much in his first term.

‘When Covid came the last thing I was going to do is tell France and Italy and Spain and a couple of other countries that we’re going to hit you with tariffs,’ he explained. ‘We had to fight the Covid situation when that came.’ 

‘But if you look at my first term,’ he went on, ‘We took in hundreds of billions of dollars’ worth of tariffs, but you people didn’t cover it very well.’ 

A statement by the White House said that Trump’s executive actions taken on Thursday ‘reflects the President’s continued efforts to protect the United States against foreign threats to the national security and economy of the United States by securing fair, balanced, and reciprocal trade relationships to benefit American workers, farmers, and manufacturers and to strengthen the United States’ defense industrial base.’ 

This comes shortly after Trump and European Commission President Ursula von der Leyen announced a trade deal between the U.S. and E.U. on Sunday.

‘We are agreeing that the tariff straight across for automobiles and everything else will be a straight-across tariff of 15%,’ Trump said.

‘So, we have a tariff of 15%. We have the opening up of all of the European countries, which I think I could say were essentially closed. I mean, you weren’t exactly taking our orders. You weren’t exactly taking our agriculture,’ he added, addressing von der Leyen.

Von der Leyen said Europe will also purchase $150 billion worth of U.S. energy as part of the deal, in addition to making $600 billion in other investments into the U.S.

Fox News Digital’s Anders Hagstrom and Stephen Sorace contributed to this report.

This post appeared first on FOX NEWS
Previous Post

Apple crushes Wall Street expectations as iPhone sales soar

Next Post

Trump takes jab at GOP senator, urging Republicans to ‘vote the exact opposite of’ how she does

Next Post
Trump takes jab at GOP senator, urging Republicans to ‘vote the exact opposite of’ how she does

Trump takes jab at GOP senator, urging Republicans to ‘vote the exact opposite of’ how she does

  • Trending
  • Comments
  • Latest
DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

February 7, 2025
Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

July 8, 2025
Analysis-To weather Trump, emerging market investors look to the frontier

Analysis-To weather Trump, emerging market investors look to the frontier

January 27, 2025
Over 158 million Americans voted in 2024 as Trump reclaimed the White House

Over 158 million Americans voted in 2024 as Trump reclaimed the White House

July 7, 2025
Trump to jet off to Asia as North Korea fires ballistic missiles and China trade questions loom

Trump to jet off to Asia as North Korea fires ballistic missiles and China trade questions loom

0
Harris campaign officials explain what went wrong –  and what Trump did right: report

Harris campaign officials explain what went wrong – and what Trump did right: report

0
New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

0
NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

0
Trump to jet off to Asia as North Korea fires ballistic missiles and China trade questions loom

Trump to jet off to Asia as North Korea fires ballistic missiles and China trade questions loom

October 24, 2025
Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster

Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster

October 24, 2025
White House responds to reports Trump named new ballroom after himself

White House responds to reports Trump named new ballroom after himself

October 24, 2025
Cruz ‘cannot support’ Trump’s Kuwait ambassador pick over Muslim Brotherhood remarks

Cruz ‘cannot support’ Trump’s Kuwait ambassador pick over Muslim Brotherhood remarks

October 24, 2025

    Fill Out & Get More Relevant News

    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent News

    Trump to jet off to Asia as North Korea fires ballistic missiles and China trade questions loom

    Trump to jet off to Asia as North Korea fires ballistic missiles and China trade questions loom

    October 24, 2025
    Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster

    Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster

    October 24, 2025
    White House responds to reports Trump named new ballroom after himself

    White House responds to reports Trump named new ballroom after himself

    October 24, 2025
    Cruz ‘cannot support’ Trump’s Kuwait ambassador pick over Muslim Brotherhood remarks

    Cruz ‘cannot support’ Trump’s Kuwait ambassador pick over Muslim Brotherhood remarks

    October 24, 2025

    Top News

    Trump to jet off to Asia as North Korea fires ballistic missiles and China trade questions loom

    Trump to jet off to Asia as North Korea fires ballistic missiles and China trade questions loom

    October 24, 2025
    Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster

    Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster

    October 24, 2025

    Latest News

    • Trump to jet off to Asia as North Korea fires ballistic missiles and China trade questions loom
    • Target is eliminating 1,800 corporate jobs as it looks to reclaim its lost luster
    • White House responds to reports Trump named new ballroom after himself

    About Finance Fusion Network

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.