Quotes
I'm down 7 million bucks in stocks and crypto, and it's tariff city. Trump has put his tariffs all over the place. I've been trying to understand them. I don't. Like it's more a trade deficit tariff to me. Like, hey, we get this much s*** from you, and you get this much from us. Let's even that up. Let's get some wacky formula, do tariffs. And everything's in the s****** because of it,
Portnoy said in the viral video clip
While tariffs are highly likely to generate at least a temporary rise in inflation, it is also possible that the effects could be more persistent."
He addedThis was the worst-case scenario for tariffs and [they] were not priced into the markets, which is why we are seeing such a risk-off reaction."
Mary Ann Bartels, chief investment strategist at Sanctuary Wealth, told CNBC
We face a highly uncertain outlook with elevated risks of both higher unemployment and higher inflation."
Federal Reserve Chair Jerome Powell said FridayI voted for Trump. I think Trump's a smart guy."
Despite
The markets are going to boom, the stock is going to boom, the country's going to boom."
President Donald Trump told reporters on ThursdayI think they're smarter than me when it comes to these tariffs. I also think he's playing a high-stakes game here. I'm gonna roll with him for a couple days, a couple weeks, see how this pans out."
He addedThe president’s vision of international trade is, I’m sorry to say, mistaken,
Shapiro said
America does not suck and has not sucked for several decades, economically,
Shapiro arguedI can name you a period in American history where there was a fairly large surplus in America’s balance of trade,
he saidI looked at this and I thought, ‘Holy crap. The EU is charging us 39 percent tariff rates on all products?”
he said
We need a rational, well-thought-out and fair trade policy. Trump's across-the-board tariffs are not the way to do it. We do not need a blanket and arbitrary sales tax on imported goods which will raise prices on products that the American people desperately need. We should be doing everything we can to lower prices, not make them incredibly higher."
Senator Bernie Sanders, a Vermont independent who caucuses with the Democratic Party, in a statement emailed to Newsweek on Friday
I'm getting all kinds of reactions from businesses, farmers in Wisconsin that are highly concerned about what's happening. Those are the facts. All I can really do is report the reality to the administration, let them know how these actions are impacting my constituents, and it'll be pretty much up to President Trump and his administration to determine exactly how long they're going to go down this road."
Senator Ron Johnson, a Wisconsin Republican, told Fox Business on Friday
These tariffs restore fair and reciprocal trade and level the playing field for American workers and innovators. The President understands that FREE trade ONLY works when it's FAIR!"
House Speaker Mike Johnson, a Louisiana Republican, on X, formerly Twitter, on WednesdayThis shift is being lead by the rollout of new tariffs, which have quickly become the dominant issue in swing voter conversations. A combined 38 percent of negative sentiment is now tied to tariffs, split between general concern (25 percent) and a fear personal financial impact (13 percent). Posts are increasingly focused on how tariffs might raise prices, disrupt local economies, and threaten job security—moving the conversation from political positioning to real-world consequences.
It continuedAfter holding steady for a month at -12, Trump's net sentiment among swing voters has now dropped to -15—a sign that recent developments are beginning to cut through,
the report saidListen, we’ve all texted the wrong person. We are not the secretary of defense, we are not the national security advisor, we are not the vice president of the United States. Yeah, mistakes happen. This one can’t.”
He said
I think it’s fair to say that just a lot of my constituents are uncertain about where this is headed, which is natural,
Young told the Journal
Several top career U.S. diplomats are being forced out of their positions at the State Department ahead of expected staffing cuts to the diplomatic corps,
The cuts keep coming ... POLITICO’s Robbie Gramer, Eric Bazail-Eimil, Nahal Toosi and Daniel Lippman report for NatSecDaily
Trump, Bad Bunny and Puerto Rico’s Perennially Broken Power Grid, ... Puerto Rico has the least reliable energy system of any place in the U.S. Despite billions of federal dollars available for repairs, it’s still in shambles.”
by Gloria Gonzalez for POLITICO Magazine in San Juan