• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Editor's Pick

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

by August 1, 2025
written by August 1, 2025

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
0 comment
0
FacebookTwitterPinterestEmail

previous post
Apple crushes Wall Street expectations as iPhone sales soar
next post
JPMorgan marks 1,000th branch opening since 2018 expansion plans

related articles

Tax season scams surge as filing confusion grows

February 1, 2026

Israel, Egypt coordinate reopening of Rafah Crossing in...

February 1, 2026

Trump says Iran ‘seriously talking to us’ as...

February 1, 2026

Amber Rose defends Charlie Kirk’s widow against online...

February 1, 2026

House Democrats mutiny Schumer’s deal with White House,...

February 1, 2026

State Department issues security alert amid ‘heavy gunfire’...

February 1, 2026

Noem touts TSA success after thousands with terror...

February 1, 2026

Hundreds rally outside Iranian UN ambassador’s Fifth Avenue...

February 1, 2026

Spencer Pratt says A-listers privately cheer his criticism...

January 31, 2026

IDF says Gaza strikes hit terrorists, weapons facilities...

January 31, 2026
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Stellar and Bitcoin Cash: Stellar launches a bullish option

    August 20, 2024
  • Dow and S&P 500 rebound on hopes of tariff deals; Broadcom shares jump, healthcare stocks post notable gains

    April 9, 2025
  • Ukraine regaining pre-2014 borders is ‘unrealistic objective,’ Hegseth says in first NATO visit

    February 12, 2025
  • Epstein estate to hand over ‘birthday book’ to lawmakers, House Dem says

    August 30, 2025
  • The Great Biden Coverup: Aides debated whether to put the president in a wheelchair

    May 14, 2025

Popular Posts

  • 1

    District judges’ orders blocking Trump agenda face hearing in top Senate committee

    April 2, 2025
  • 2

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 3

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024

Categories

  • Economy (829)
  • Editor's Pick (7,744)
  • Investing (920)
  • Stock (969)

Latest Posts

  • Inside Dan Bongino’s tense meeting with White House officials over Jeffrey Epstein fallout

    July 12, 2025
  • Trump to be inaugurated inside: Last ceremony held indoors was Reagan’s in 1985

    January 17, 2025
  • EXCLUSIVE: FBI concludes Trump shooter Thomas Crooks acted alone after unprecedented global investigation

    November 22, 2025

Recent Posts

  • Johnson allies urge Trump to intervene as messy speaker battle threatens to delay 2024 certification

    December 24, 2024
  • Nvidia stock looks to extend winning streak: should you buy for 2026?

    December 24, 2025
  • Schumer accuses Trump of exploiting Charlie Kirk’s death to launch political ‘witch hunt’

    September 18, 2025

Editor’s Pick

  • Hacker obtains House ethics testimony on Matt Gaetz as Trump makes calls for AG nominee

    November 20, 2024
  • SOUTHCOM commander abruptly retires amid escalating scrutiny of Caribbean strikes

    December 15, 2025
  • Trump unveils 20-point plan to secure peace in Gaza, including granting some Hamas members ‘amnesty’

    September 29, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock