Trump Melts Down At CNN Anchor In Late-Night Rant Over Displeasing Commentary
President Donald Trump raged at CNN anchor Abby Phillip over commentary he saw on her show denigrating his trade policy and crediting a stock market rally to him “backing down.”
It was close to 11 at night when Trump took to Truth Social to blast Phillip:
Where does CNN get its “talent?” Just watched someone named Abby Phillip lecture her audience on Tariffs and the economy (which is doing record business!). She has absolutely no idea what she is talking about, strictly 3rd rate. Fortunately, the audience has long ago left CNN, and it will only get WORSE. LOSERS ALL!!!
The object of Trump’s ire was a segment on Friday night’s edition of CNN NewsNight about the new record highs the stock market reached to end this week.
Phillip told her panel — Scott Jennings, Ashley Allison, Mike Leon, Stacey Schneider, and Joel Rubin — that the rally was the result of Trump’s announcement of another pause on tariffs:
PHILLIP: Scott offered one explanation for the highs in the stock market. There are other explanations. Here’s one from Jason Furman, an economist. The macro economy is doing decently. He said, especially when it comes to tariffs, the market is now more confident that Trump will back off if necessary. He added in April, I think the fear was that he would just plow ahead no matter what. Now, there is a sense that there are realities that he won’t try to blow past.
ALLISON: Exactly.
PHILLIP: It’s hard to argue, Scott, that that’s not accurate when just this week, today, they’re saying, oh, that 90-day deadline, we’re just going to push it back out another 90 days. So, the market’s basically saying, oh, okay they’re just going to push it back.
ALLISON: It’s a game.
JENNINGS: Whatever it takes to say Donald Trump is wrong, I guess that’s what people will do, even today.
(CROSSTALKS)
PHILLIP: But, genuinely, maybe you could argue that this is a negotiating tactic that is working, fine. But the truth is Trump is, in fact, backing down and the markets have calmed because of that.
JENNINGS: Yes. He’s doing what he thinks he needs to do with individual situations. And look also what’s happening with individual companies. We had re-shoring announcements this week. General Electric in my home state of Kentucky decided to reshore a bunch of jobs. The CEO of General Electric said the current policy environment is why we’re doing it.
So, they’re bringing a whole bunch of jobs from overseas back to the United States. You have announcement after announcement after announcement on top of these great gains in the market. Look, maybe sometimes the answer is, hey, maybe it’s working, maybe it’s working.
ALLISON: But it’s not!
Watch above via CNN NewsNight.
