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 regarding Trump's contentious tariffs and their economic impacts, effect In the United States, Pirro stated:
When President Trump initially targeted Canada and Mexico, many 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 tariffs and then sells these cars in the U.S., whereas those same American-made cars face import duties abroad. Do you expect us to impose tariffs on our products only for you to allow Chinese goods into your markets almost duty-free? It has gone far enough. This is precisely what Donald Trump campaigned on, and now he’s following through.
The co-host from Fox News responded, "And here’s the thing: I honestly don’t prioritize my 401(k) right now. Why? Even though I could use it, even though it matters, and despite being at an age when I ought to focus on my retirement savings, I do worry about it. However, my belief in this individual takes precedence."
She stated, "I think what we're witnessing now—with him attracting a trillion dollars into businesses and manufacturing, along with firms relocating to the U.S.—is crucial. During the pandemic, for instance, we faced severe supply chain issues; essential medicines weren't available here because other nations focused on their own needs first. It's high time we acknowledged that having domestic manufacturing is necessary, and these enterprises should be encouraged to participate."
Pirro concluded, "Donald Trump is the sole person capable of doing this because he has access to the largest consumer market globally and isn’t intimidated by 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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