Fox News’ The Five co-host Jeanine Pirro She straightforwardly stated on Thursday that she wasn’t really concerned about her 401(k) following the stock market’s sharp decline in reaction to the president's actions. Donald Trump’s new tariffs.
In a discussion surrounding Trump’s contentious tariffs and their economic impacts, effect In the United States, Pirro stated:
When President Trump initially targeted Canada and Mexico, many people were shocked: "They're our neighbors; they're great folks—why would we do this? We adore the Canadians." The reality is that China manufactures vehicles in both countries without having to pay tariffs. These Chinese-made cars can then be sold in the U.S., whereas their own automobiles face significant duties when entering those markets. It doesn’t make sense for us to impose high tariffs on their products while allowing theirs into our country almost duty-free. That ends now. This was part of Donald Trump’s campaign platform, and he has been following through on his promises.
The co-host from Fox News responded by saying, "Honestly, I'm not too concerned about my 401(k) right now. Why? Even though I have the means and recognize its significance, and despite being at an age when I ought to focus on it, I still prioritize something else. What matters most to me is supporting this individual."
She stated, "I think the current situation, marked by him attracting a trillion dollars worth of business and manufacturing, along with corporations relocating to the U.S., highlights an important lesson from the pandemic. During COVID-19, we faced numerous supply chain issues; medicines weren't available here because other nations focused on their own needs first. It's crucial for our national security that we acknowledge the necessity of having domestic manufacturing capabilities and work towards integrating these industries into our economy."
Pirro concluded, "Donald Trump is the sole individual capable of accomplishing this due to his massive global customer base and his fearlessness when facing anyone."
The Dow went down by 2.7% on Thursday following Trump’s announcement of new "reciprocal tariffs" on numerous countries and regions, including uninhabited islands .
View above through Fox News.
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