Fox News Melts Down On Air: Trump’s Tariff Nightmare Crashes the U.S. Stock Market

The U.S. stock market collapsed like a skyscraper with its foundation ripped out. But over on Fox News, everything seemed “fine” – as long as you closed your eyes, covered your ears, and pretended nothing was happening.

That’s how Trump’s favorite network chose to handle one of the worst financial shocks in American history – one caused entirely by the man they worship: Donald J. Trump.

When a Nightmare Is Packaged as the “American Dream”

Laura Ingraham kicked things off with a statement that made economic historians shudder: “America wasn’t founded on free trade.” If not free trade, then what? Beer, burgers, and cowboys?

Ingraham quickly pivoted to the plight of low-wage workers juggling two or three jobs just to survive – then painted a twisted version of the American Dream: luxury SUVs, beach vacations, and fine dining… if you’re willing to work like a slave.

When Your 401(k) Evaporates but “You Don’t Care”

Judge Jeanine Pirro declared: “I don’t care about my retirement account today.” Of course not – when your bank account looks like a zip code, losing tens of thousands doesn’t sting. But for regular Americans, that’s their children’s future on the line.

Even as the market tanked over 1,500 points, Trump’s economic advisor Kevin Hassett repeated the same tired line: “This policy has been around for 150 years.” Incredibly, he called the financial unraveling “exciting.” For most Americans, “exciting” isn’t the word that comes to mind when your life savings go up in smoke.

“Just Another Day on Wall Street”

Howard Lutnick – Wall Street billionaire and Trump ally – waved it off: “It’s just a normal day.” Right – a “normal day” when millions lose their 401(k)s, businesses shutter, and inflation soars like a runaway roller coaster.

Fox News host Will Cain went so far as to call it a “revolution.” A revolution where working families must choose between buying medicine or eating dinner?

When “Liberation Day” Becomes a Global Nightmare

Trump labeled his tariff executive order as “Liberation Day.” But within 24 hours, U.S. futures plummeted by 1,000 points. Countries from the EU and Canada to… uninhabited penguin islands suddenly found themselves hit with trade penalties.

He then unveiled a “tariff formula” so absurd it left global economists in stitches: take the trade deficit with a country, divide it by the value of imports – and you get… a tax rate.

Example: A $17.9 billion deficit with Indonesia = Trump slaps a 64% tariff. No economic basis. No logic. Just vibes.

When Even Fox News Starts Backpedaling

Even Trump’s most loyal talking heads – like Larry Kudlow and Newt Gingrich – began retreating. Gingrich called for a return to 19th-century “tariff-nurtured nationalism” – a fairytale dream in a hyper-globalized economy.

Meanwhile, modern economists like Paul Krugman warned that tariffs only drive production costs sky-high, shrink consumer power, and fracture trade relationships. In short, it’s a double-edged sword – and the blade is slashing Americans first.

Beef, Lobsters, Soybeans – No One Is Safe

U.S. beef exports to the EU and China have dropped over 30%. Lobsters, chicken, soybeans, wheat – all met with fierce retaliation. American farmers – once Trump’s base – now watch their unsold stockpile rot in silence.

The Final Question: Who’s Paying the Price?

Trump says he’s “protecting American workers.” But in truth, it’s those very workers – small business owners, farmers, middle-class families – who are taking the heaviest hits.

In one night, America lost not just points on the Dow – it lost confidence in leadership, lost export deals, and lost its standing at the global economic table.

Trump claims he’s “liberating” the U.S. from unfair trade.

Reality? He’s shackling the nation to a nightmare he wrote himself.