The Blubber

President Donald Trump has been imposing and withdrawing steep tariffs on key U.S. trading partners, causing uncertainty in the stock market. Meanwhile, the Wall Street Journal’s editorial board has doubled down on its criticism, calling his trade war with Canada the “dumbest in history.” The paper’s editor-in-chief also slammed Trump’s economic policies Thursday morning on Fox Business Network’s Maria Bartiromo show.

Trump fired back on Truth Social, attacking the Wall Street Journal and its stance on tariffs:

“The Globalist Wall Street Journal has no idea what they are doing or saying. They are owned by the polluted thinking of the European Union, which was formed for the primary purpose of ‘screwing’ the United States of America. Their (WSJ!) thinking is antiquated and weak, and very bad for the USA. But have no fear, we will WIN on everything!!! Egg prices are down, oil is down, interest rates are down, and TARIFF RELATED MONEY IS POURING INTO THE UNITED STATES. ‘The only thing you have to fear, is fear itself!’”

Egg prices, which had surged 60% over the past year, are now declining due to weaker consumer demand. Oil prices ticked up slightly this week, amid recession fears and the economic impact of Trump’s tariffs. However, interest rates have fallen for the sixth consecutive week.

Journalist Aaron Rupar weighed in on Trump’s outburst, linking it to the WSJ editor-in-chief’s remarks on Fox Business:

“This is probably the interview that set Trump off on Truth Social this morning—Wall Street Journal Editor in Chief Emma Tucker criticizing Trump's policies on Maria Bartiromo’s show, saying executives are ‘floundering’ because of them, & adding that prices will go up for consumers because of tariffs. This is a Hitler-screaming-in-his-bunker-at-generals level of lunacy.”