Trump has little patience with the media. They’ve done nothing but unfairly tear him down for years now.
And Donald Trump takes the gloves off during a heated exchange with this journalist.
Former President Donald Trump engaged in a fiery confrontation with Bloomberg’s Editor-in-Chief John Micklethwait on Tuesday during a discussion on tariffs, asserting that the journalist had been “wrong” his entire life on the subject.
The tense exchange unfolded at The Economic Club of Chicago, where Micklethwait pressed Trump on how he intended to impose high tariffs on foreign companies without causing economic fallout for American consumers.
With the U.S. economy deeply interconnected with China and the European Union, Micklethwait suggested the proposed tariffs could lead to a significant negative impact.
“The overall effect could be massive,” Micklethwait cautioned, warning that Trump’s approach might trigger a “trade war.” Trump, however, pushed back strongly, claiming that his policy would bring about a “massive effect — positive effect.”
In a sharp retort, Trump remarked, “It must be hard for you to spend 25 years talking about tariffs as being negative and then have somebody explain to you that you’re totally wrong.”
The back-and-forth remained heated throughout the interview. Micklethwait questioned how the proposed tariffs would impact consumers, hinting that they could function as a national sales tax by increasing the price of foreign goods for American buyers. “Isn’t that simple mathematics, President Trump?” Micklethwait asked.
Trump shot back, “Yeah, it is, but not the way you’ve figured. I was always very good at mathematics,” asserting that his tariffs would not burden consumers in the way critics suggested. Instead, he argued that the high tariffs would compel foreign businesses to relocate to the U.S., setting up operations domestically to avoid the fees.
“The higher the tariff, the more likely it is that the company will come into the United States and build a factory in the United States so it doesn’t have to pay the tariff,” Trump explained.
Micklethwait also challenged Trump on promises that critics argue could deepen the national debt, such as making car-loan interest tax-deductible.
Trump, in characteristic fashion, dismissed these concerns and accused Micklethwait of being consistently wrong. “They’ve been wrong about everything. So have you, by the way, you’ve been wrong,” he declared.
The tension between the two persisted, with Micklethwait accusing Trump of trying to turn the conversation into a debate. Trump, undeterred, continued to defend his economic policies as promoting growth, insisting, “You’ve been wrong all your life on this stuff.”
As the presidential race heats up, both Trump and Vice President Kamala Harris have put forward competing economic visions. Harris has proposed increasing the Child Tax Credit and providing homebuyers with significant financial assistance, while Trump remains focused on high tariffs and incentives for companies that move their operations to the U.S.
Speaking in Georgia earlier, Trump promised American workers that his policies would protect their jobs from being outsourced.
He threatened to impose drastic tariffs, including a 100% tariff on cars entering from Mexico and a 200% tariff on John Deere products if the company shifted its operations overseas.
In Savannah, Trump emphasized that under his leadership, “foreign nations will be worried about losing their jobs to America,” reflecting his ambition to turn the tide of global trade in favor of U.S. workers and industries.
You can watch some of the exchange between Trump and Micklethwait, below:
Donald Trump had a fiery interview today with the editor-in-chief of Bloomberg John Micklethwait.
Here are the top 5 moments:
5. Trump roasts the Federal Reserve, says they show up to the office once a month to "flip a coin."
4. Trump calls out Micklethwait to his face along… pic.twitter.com/DEgrTyOlUx
— Collin Rugg (@CollinRugg) October 15, 2024
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