U.S. President Donald Trump launched a scathing attack on The Wall Street Journal on Thursday, accusing the newspaper of outdated thinking and bias.
His comments came after the Journal published an analysis questioning whether Trump’s economic policies were causing short-term pain for uncertain long-term gains.
Trump took to social media to highlight recent economic developments, claiming that:
- Egg prices are falling
- Oil costs are down
- Interest rates are decreasing
- Tariff-related revenue is pouring into the U.S.
He used these factors to defend his economic strategies, arguing that his policies were benefiting the country despite criticism from financial experts.
Trump accused The Wall Street Journal of being influenced by the European Union, suggesting that the EU was formed to harm U.S. economic interests. He called the paper’s thinking “antiquated and weak” and dismissed their analysis as misguided.
The Journal’s report had raised concerns that Trump’s approach to tariffs and economic policy was destabilizing businesses, leading to uncertainty among corporate leaders.
A key focus of the Journal’s analysis was the shifting sentiment among U.S. business executives. Initially optimistic about Trump’s tax cuts and deregulation, many now express concerns over his aggressive tariff policies.
Fox Business interviewed The Wall Street Journal’s editor-in-chief, Emma Tucker, who noted that corporate leaders were hesitant to criticize Trump publicly but feared the long-term consequences of his trade policies.
During his tenure, Trump repeatedly warned companies to move manufacturing to the U.S. or face stiff tariffs. However, analysts argue that his trade war tactics have led to economic instability.
In his latest move, Trump threatened a 200% tariff on European alcohol in retaliation for reciprocal tariffs on U.S. exports. This tit-for-tat strategy has raised concerns that escalating trade disputes could harm American businesses and consumers.
Trump’s clash with The Wall Street Journal is part of his broader history of attacking media outlets that criticize his policies. He has frequently targeted major news organizations, including CNN, MSNBC, Reuters, and the Associated Press, accusing them of bias.
Trump remains firm in defending his economic record, using social media to push back against critics. However, with growing concern among business leaders and market instability, the debate over his economic policies is far from over.
As the U.S. prepares for another election cycle, Trump’s handling of trade and economic issues will likely remain a key point of discussion.
Clark is a 26-year-old expert working for consumer protection, Clark has dedicated years to identifying and exposing fraudulent schemes. He is working with NGOs to help people who are victims of scams. In his free time, Todd plays football or goes to a bar.
