‘A Little Short Term Interruption’: Trump Rails Against ‘Globalist’ Companies — After Fox’s Peter Doocy Asks If Tariffs ‘Spooked’ Markets
President Donald Trump railed against “globalist” companies after being asked about “spooked” financial markets by Fox News’ Peter Doocy on Thursday.
“President Trump, what’s your thought about why the markets are so spooked? Do you think they don’t like the tariffs,or do they not like the uncertainty with some of the changes that have-, and the carve outs?” asked Doocy as Trump signed executive orders in the Oval Office.
“Well, a lot of them are globalist countries and companies that won’t be doing as well because we’re taking back things that have been taken from us many years ago. We’ve been treated very unfairly as a country. We protect everybody. We do everything for all these countries. And a lot of these are globalist in nature,” answered Trump.
He continued:
You know, they have-, if you’re outside of the United States here, it’s going to be a little bit different. We just weren’t treated right. We were ripped off as a country. I’ve been saying it for a long time, and I did it to a certain extent in the first administration, but with Covid coming in, we had to focus on that toward the end. But we had the greatest economy in history in the first administration, and I think we’ll do even better now. But this is something that we have to do. There will always be a little short term interruption. I don’t think it’s going to be big, but the countries and companies that have been ripping us aren’t particularly happy with what I’m doing. But the United States will be very happy. And, you know, our farmers are going to be very happy. And again, there will be disruption. But in the end, I said it before with China. We signed an unbelievable deal with China, $50 billion in purchases, and we’re doing great. Biden however, when he came in, he never, they never enforced that deal. So that’s the only thing that basically you have globalist companies that have been ripping us off that won’t be able to rip us off any longer. I think that’s what the big charges.
On Tuesday, 25% tariffs on Canadian and Mexican exports into the United States went into effect. Earlier in the day on Thursday, Trump announced that “After speaking with President Claudia Sheinbaum of Mexico, I have agreed that Mexico will not be required to pay Tariffs on anything that falls under the USMCA Agreement” through April 2nd as a courtesy to Sheinbaum.
Watch above via Fox News.
