Modern Crypto Trader
  • Investing
  • Politics
  • Stock
  • Business
Politics

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

by admin August 1, 2025
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

previous post
Trump takes jab at GOP senator, urging Republicans to ‘vote the exact opposite of’ how she does
next post
Top 5 Canadian Mining Stocks This Week: Helius Metals Jumps 67 Percent

Related Posts

Trump cancels all meetings with Iran, calls on...

January 13, 2026

As Iran weakens, questions grow over Mohammed bin...

January 13, 2026

House GOP leader blasts trans athletes in girls’...

January 13, 2026

Thune warns DOJ’s probe of Fed Chair Powell...

January 13, 2026

Bill Clinton defies congressional subpoena to appear in...

January 13, 2026

GOP eyes Venezuela’s untapped oil wealth as Democrats...

January 12, 2026

Inside the lightning US strike that overwhelmed Venezuela’s...

January 12, 2026

Republican senator vows to block Trump Fed nominee...

January 12, 2026

DHS funding threatened as Congress rolls out $80B...

January 12, 2026

US hostages in Iran face heightened risk as...

January 12, 2026

Stock

  • Chart Mania – 23 ATR Move in QQQ – Metals Lead 2025 – XLV Oversold – XLU Breakout – ITB Moment of Truth

    July 26, 2025
  • Momentum Leaders Are Rotating — Here’s How to Find Them

    July 25, 2025
  • S&P 500 Breaking Out Again: What This Means for Your Portfolio

    July 25, 2025
  • Is META Breaking Out or Breaking Down?

    July 24, 2025
  • A Wild Ride For the History Books: 2025 Mid-Year Recap

    July 24, 2025
  • Contact us
  • Privacy Policy
  • Terms & Conditions
  • Thank you

Copyright © 2025 moderncryptotrader.com | All Rights Reserved

Modern Crypto Trader
  • Investing
  • Politics
  • Stock
  • Business