Murdoch Paper Gives Trump Dire Warning to Mark His 100 Days
The Rupert Murdoch-owned Wall Street Journal has warned Donald Trump that a “major reset” is needed if his second term is to be successful.
The paper’s editorial board claimed the execution of some of the president’s priorities “hasn’t matched” his promises and warned that he will “fail unless he heeds the warnings” in an opinion piece published Monday.
The board also—as they have before—criticized Trump primarily over his tariff policy, which they said could “sink his Presidency.”
“Mr. Trump was elected to control inflation and raise real incomes, but tariffs do the opposite,” they noted, drawing a comparison to Richard Nixon imposing a tariff in his second term.
“It’s a mistake to think the tariff damage is only domestic,” they went on. “The willy-nilly assault on friends and foes has shaken global confidence in U.S. reliability. Ken Griffin, the investor and major donor to Mr. Trump, summed it up last week as a self-inflicted blow to the American brand. The U.S. is needlessly ceding global economic leadership.”
Trump’s tariffs, the Journal added, are a “gift” to China, since U.S. allies are increasingly looking to that country as a more reliable market. Doing so imperils any trade alliance to thwart China’s “often predatory economic behavior.”
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