Fox News Attempts to Spin Trump’s Tariffs Amid Market Turmoil

As market instability continues and recession predictions grow due to President Trump's sweeping tariffs, Fox News has been actively trying to frame the narrative in a more hopeful light. On the show Outnumbered, co-host Emily Compagno proclaimed that Trump's imposition of tariffs was akin to performing an essential audit for the economy.

In the wake of Trump's "Liberation Day" tariffs, which saw substantial import taxes slapped on various countries based on questionable data, China reacted by imposing retaliatory tariffs of 34 percent on American products. This response exacerbated an already tumultuous situation, with the NASDAQ witnessing its steepest decline ever prior, leading to further panic in the global markets.

Despite the chaos, Compagno urged viewers to remember that previous administrations, such as Barack Obama’s, also implemented tariffs, suggesting that the current media landscape is selectively forgetting those historical instances. She went on to highlight China's longstanding issues with the U.S., labeling it as a threat that has infiltrated numerous sectors over decades and downplaying concerns over retaliation by emphasizing the need for a strong trade approach.

Compagno expressed confidence in Trump's leadership, suggesting that investors should brace for short-term difficulties with the promise of long-term gain. She posited that the introduction of tariffs would ultimately lead to a resurgence of well-paying jobs in the U.S. in the near future.

Other Fox News figures echoed similar sentiments, reassuring viewers that the market downturn should not incite panic and commending Trump's commitment to his campaign promises. Some hosts even went so far as to prioritize loyalty to Trump over concerns regarding personal financial investments, indicating a willingness to endure economic challenges for the sake of supporting his policies.