Leftist publications and the Harris campaign are desperately trying to derail President Donald Trump's Tuesday interview The editor-in-chief of Bloomberg News calls it a failure on the part of Republicans.tragically bad“”rambling“”Angry and unable to concentrate” and “utter confusion. ”
The audience at the Chicago Economic Club interaction clearly thought differently, cheering President Trump's riposte to Bloomberg reporter John Micklethwait and booing the interviewer's loaded questions. , took the following attitude toward the president. standing ovation.
Micklethwaite is reportedly He ordered his staff not to investigate Michael Bloomberg or his Democratic rivals before the 2020 election, and tried several times to kneel to Republican candidates, but proved unfit for the job.
In one example, Britain's Bloomberg EIC sought to characterize President Trump's plan to impose significant tariffs on U.S. companies that outsource imports and manufacturing as potentially disastrous, arguing that only foreign powers He suggested that it could also have a negative impact on the economy.
President Trump said his first-term tariff strategy had been a huge success even before the pandemic, not only encouraging companies to build factories in the country but also bringing in “hundreds of billions of dollars from China alone.” suggested. It hasn’t even started yet.”
“They were wrong about everything.”
Micklethwait said, shortly after the Republican president reiterated that tariffs serve to protect American businesses and the businesses that ultimately come into the United States.
There are a lot of places like this and they have a lot of jobs that depend on foreigners coming here. Basically, we are going to stop trade with China. what you are talking about 60% customs duty On top of that. Like you said, you're talking 100%, 200% about things you don't really like. You're also talking about 10%, 20% tariffs on the rest of the world. It will have a serious impact on the entire economy. And certainly some people will benefit from individual tariffs. The overall impact can be significant.
President Trump rejected the Bloomberg editor's premise, saying, “I agree. It's going to have a huge impact. It's going to be positive. It's going to be positive, not negative.”
President Trump continued: “I know how committed you are to this.” “It must be tough to spend 25 years saying that tariffs are negative and then have someone explain to you that that's completely wrong.”
As the audience burst into laughter, Mr Micklethwaite tried in vain to assert himself, suggesting that 40 million trade-dependent jobs could be lost to tariffs.
President Trump said, “Are you ready? John Deere. They're a great company. They announced about a year ago that they were going to build a big factory outside of the United States.” “They're going to manufacture it in Mexico.”
“That's correct. i said“Even if John Deere builds those factories, they won't sell anything to the United States,” Trump added.
This was reported by the Wall Street Journal following an interview with Bloomberg. shown John Deere hasn't given up on its Mexican ambitions yet. But Trump's possible re-election may prompt the company to reconsider its focus outside the country.
Micklethwaite also suggested that President Trump's tariff proposals could undermine U.S. foreign policy by upsetting allies and “dividing” the West.
“How will it help you counter a China that has turned all of its allies against you?” the editors asked.
“Because China thinks we're a stupid country, a very stupid country. They can't believe someone finally got their hands on it.” smart for them''President Trump said, “We haven't had a single president who has ever accused China of anything. They said, “Oh, they're a third world country.'' they are developing. ' Well, our country is also a developing country. Look at Detroit. Take a look at our city. …We have to grow beyond them. ”
The president went on to say that “our allies have taken advantage of us more than our adversaries,” citing European Union countries, Japan and South Korea as countries that have benefited from other presidents' reluctance to impose tariffs. .
After several failed attempts to wring concessions from President Trump on the tariff issue, Micklethwait suggested that the Republican promise to cut taxes would cost trillions of dollars.
“You're giving away a ton of freebies. I've actually been very nice to you. I spent $7 trillion. The upper estimate is [for the cost of the promises] is $15 trillion. “Even people like the Wall Street Journal, which is not a communist organization, are criticizing you for this,” the editor said.
“What does the Wall Street Journal know?” Trump replied. “They were wrong about everything. So were you, by the way.”
Again, the audience – clearly unconcerned with the liberal blogger's ideas – burst out laughing.
“You're trying to turn this into an argument. You're trying to turn this into an argument,” Micklethwait said, clearly growing dismayed.
“You're wrong,” Trump replied. “You've been wrong about this all along.”
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