Fox’s Jeanine Pirro Says Stocks Plummeting ‘Isn’t Necessarily a Negative’

 

Stocks got rocked on Friday for the second straight day after President Donald Trump unveiled sweeping tariffs this week.

In rolling out the tariffs on Wednesday, Trump inexplicably used a bizarre formula to falsely claim other countries had imposed huge tariffs on U.S. exports. Trump said he was merely hitting back with “reciprocal tariffs.” The implementation of tariffs will mean higher prices on imports and likely weakening demand.

The Trump administration has insisted that the nearly $10 trillion lost in the market since Trump took office in January is a harbinger of good things to come. White House adviser Stephen Miller even wildly claimed that Trump had inherited a “depression.”

On Friday’s edition of The Five on Fox News, Jeanine Pirro maintained that the nearly 4,000 points shed by the Dow over the past two days may portend a forthcoming economic boom. She said that the market turmoil, which she deemed “uncertainty,” is not necessarily bad:

And the uncertainty in the stock market, it isn’t necessarily a negative It could be an indication that things are gonna work out. It’s just that things are uncertain right now. And you’ve got a president swinging for the fences. You’ve got a president who’s punching, as opposed to the other guy who put what – $5 trillion into the economy and caused inflation that this president now has to deal with? And the American industries have been getting killed.

Earlier in the day, Trump credited his tariffs for a solid March jobs report, even though the hirings occurred before he announced the tariffs.

Watch above via Fox News.

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Mike is a Mediaite senior editor who covers the news in primetime. Follow him on Bluesky.