{"id":2355336,"date":"2024-10-15T17:45:02","date_gmt":"2024-10-15T21:45:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/watch-trump-obliterates-bloombergs-editor-in-chief-hears-roar-from-the-crowd-during-fiery-interview\/"},"modified":"2024-10-15T17:46:00","modified_gmt":"2024-10-15T21:46:00","slug":"watch-trump-obliterates-bloombergs-editor-in-chief-hears-roar-from-the-crowd-during-fiery-interview","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/watch-trump-obliterates-bloombergs-editor-in-chief-hears-roar-from-the-crowd-during-fiery-interview\/","title":{"rendered":"Watch: Trump Obliterates Bloomberg&#8217;s Editor-in-Chief, Hears Roar from the Crowd During Fiery Interview"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fwatch-trump-obliterates-bloombergs-editor-in-chief-hears-roar-from-the-crowd-during-fiery-interview%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2355336&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>During an \u2063event at the Economic\u200d Club of Chicago, former President Donald Trump\u2063 criticized Bloomberg editor-in-chief John Micklethwait&#8217;s views on\u200d tariffs,\u2062 asserting that they can have a\u2062 positive effect on the \u2063economy. Trump acknowledged Micklethwait&#8217;s\u2062 lengthy opposition \u2064to\u200b tariffs, implying that he was wrong\u2062 in his assessment.\u2063 He cited farm equipment manufacturer John Deere&#8217;s\u200c decision to reconsider plans to move production\u2062 to Mexico as evidence of his influence, claiming that he would impose\u200d a \u2064significant tariff on any such\u200c production meant\u2062 for United States \u200dsales if he is re-elected.<\/p>\n<p>Micklethwait confirmed that \u200bTrump&#8217;s threats led Deere to change course \u2064on \u2064their plans. \u200dIn\u2064 the discussion, \u2062Trump dismissed the stance of The Wall Street Journal on tariffs as \u200cmisguided, eliciting cheers\u2062 from the \u2062audience. He emphasized his belief \u2062in\u200c <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/us-president-national-security-adviser-meet-with-chinas-top-diplomat-amid-tensions\/\" title=\"US President and National Security Adviser hold talks with China&#039;s top diplomat amidst rising tensions.\">reciprocal trade practices<\/a>, suggesting that\u2062 <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-releases-list-of-president-trumps-accomplishments-and-it-is-historic\/\" title=\"White House Releases List of President Trump\u2019s Accomplishments \u2013  And It Is Historic!\">unfair trade<\/a> by\u200b other countries should result in similar measures against them\u2063 by \u2063the U.S. <\/p>\n<p>Amid this \u2063exchange, Commerce \u2064Secretary Gina Raimondo, a surrogate for Kamala Harris&#8217;s campaign, warned that\u2062 Trump&#8217;s tariffs could drive up\u2063 inflation. However, Trump\u200c pointed out that inflation remained low during his presidency\u2063 despite initiating tariffs on certain Chinese goods.\u200c He argued that the economic policies\u200d he implemented favored the U.S. \u200cby encouraging job retention\u2063 and \u2064reshaping trade dynamics.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<section> <script>console.log(\"ad slot (AC1)\")<\/script><script>console.log(\"ad slot (IC1)\")<\/script><script>console.log(\"ad slot (IC2)\")<\/script><script>console.log(\"ad slot (IC3)\")<\/script><script>console.log(\"ad slot (IC4)\")<\/script><\/p>\n<p>Former President Donald Trump brought cheers from the crowd attending an Economic Club of Chicago event Tuesday when he refuted the Bloomberg editor-in-chief&rsquo;s views about tariffs.<\/p>\n<p>&ldquo;You&rsquo;re also talking about 10, 20 percent tariffs on the rest of the world. That is going to have a serious effect on the overall economy. And yes, you&rsquo;re going to find some people who will gain from individual tariffs, but the overall effect could be massive when it comes to the economy,&rdquo; Bloomberg&rsquo;s John Micklethwait asserted.<\/p>\n<p>&ldquo;I agree. I agree. It&rsquo;s gonna have a massive effect. Positive effect,&rdquo; Trump responded.<\/p>\n<p>&ldquo;I know how committed you are to this and it must be hard for you to spend 25 years talking about tariffs as being negative, and then have somebody explain to you that you&rsquo;re totally wrong,&rdquo; Trump continued.<\/p>\n<p>Trump offered the example of farm equipment manufacturer John Deere, which has been moving some of its production to Mexico, Iowa&rsquo;s The Gazette <a href=\"https:\/\/www.thegazette.com\/business\/john-deere-we-are-not-moving-production-to-mexico\/\" target=\"_blank\" rel=\"noopener\">reported<\/a> in September.<\/p>\n<p> <script type=\"text\/javascript\"> \t\t\tif ( getCookie( \"ff_subbed\" ) ) { \t\t\t\tdocument.getElementById(\"stnvideo\").remove() \t\t\t} \t\t<\/script> <\/p>\n<p>Trump threatened at the time, if he is re<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/a-mistake-that-will-haunt-us-for-decades-mccarthy-calls-for-biden-admin-to-be-investigated-amid-afghanistan-collapse\/\" title=\"A \u2018Mistake That Will Haunt Us For Decades\u2019: McCarthy Calls For Biden Admin To Be Investigated Amid Afghanistan Collapse\">-elected president<\/a>, to impose a 200 percent tariff on any John Deere production moved to Mexico, when the company tries to sell the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/president-trump-calls-on-biden-to-demand-taliban-give-back-u-s-military-equipment\/\" title=\"President Trump calls on Biden to demand Taliban give back U.S. military equipment\">equipment back<\/a> into the U.S, according to <a href=\"https:\/\/www.cnbc.com\/2024\/09\/23\/trump-john-deere-mexico-tariff-election.html\" target=\"_blank\" rel=\"noopener\">CNBC<\/a>.<\/p>\n<p>Micklethwait confirmed on Tuesday, &ldquo;You threatened tariffs, and [Deere] stopped&rdquo; its plans.<\/p>\n<p>&ldquo;That&rsquo;s right,&rdquo; Trump said. &ldquo;They just announced yesterday, they&rsquo;re probably not going to build the plants. I kept the jobs here.&rdquo;<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Trump just bodied the Neoliberal Bloomberg editor at the Economic Club of Chicago.<\/p>\n<p>&ldquo;It must be hard for you to spend 25 years talking about tariffs as being negative and then have somebody explain to you that you&rsquo;re wrong.&rdquo;<\/p>\n<p>*Crowd erupts* <a href=\"https:\/\/t.co\/WAGhwgQmeO\">pic.twitter.com\/WAGhwgQmeO<\/a><\/p>\n<p>&mdash; johnny maga (@_johnnymaga) <a href=\"https:\/\/twitter.com\/_johnnymaga\/status\/1846236976451637544?\">October 15, 2024<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Micklethwait also argued that The Wall Street Journal <a href=\"https:\/\/www.wsj.com\/opinion\/free-trade-trump-tariffs-tax-china-manufacturing-7715ecec\" target=\"_blank\" rel=\"noopener\">agrees with him<\/a> that tariffs overall are bad for the economy.<\/p>\n<p>&ldquo;What does the Wall Street Journal know? &hellip;They&rsquo;ve been wrong about everything. So have you, by the way &hellip; You&rsquo;ve been wrong all your life on this stuff,&rdquo; Trump replied, causing audience members to break out in cheers and applause.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">PRESIDENT TRUMP: &ldquo;What does the Wall Street Journal know? They&rsquo;ve been wrong about everything. So have you, by the way&hellip; you&rsquo;ve been wrong all your life on this stuff.&rdquo; &#128293; <a href=\"https:\/\/t.co\/kg8LlYcpF0\">pic.twitter.com\/kg8LlYcpF0<\/a><\/p>\n<p>&mdash; Trump War Room (@TrumpWarRoom) <a href=\"https:\/\/twitter.com\/TrumpWarRoom\/status\/1846240178542989792?\">October 15, 2024<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Trump has called for reciprocal trade, meaning if countries impose tariffs or other unfair trade practices on U.S. products, they will meet the same policy for their goods coming into the U.S.<\/p>\n<p>His campaign website highlights <a href=\"https:\/\/www.donaldjtrump.com\/issues\" target=\"_blank\" rel=\"noopener\">fair trade agreements<\/a> his administration negotiated, including <a href=\"https:\/\/www.westernjournal.com\/senate-passes-trumps-usmca-trade-deal-overwhelming-margin\/\" target=\"_blank\" rel=\"noopener\">USMCA<\/a> with Mexico and Canada.<\/p>\n<p>Commerce Secretary and Kamala Harris campaign surrogate Gina Raimondo <a href=\"https:\/\/www.westernjournal.com\/cnbc-host-torches-biden-harris-official-false-claims-trump-economy\/\" target=\"_blank\" rel=\"noopener\">argued<\/a> on CNBC&rsquo;s &ldquo;Squawk Box&rdquo; last month that Trump&rsquo;s tariffs would be inflationary.<\/p>\n<p>&ldquo;I mean, that&rsquo;s insane. That will raise prices on everything for everyone,&rdquo; she said.<\/p>\n<p>During his first term, Trump imposed tariffs on <a href=\"https:\/\/taxfoundation.org\/research\/all\/federal\/trump-tariffs-biden-tariffs\/\" target=\"_blank\" rel=\"noopener\">various Chinese goods<\/a> starting in 2018 (reaching as high as 25 percent) and <a href=\"https:\/\/www.westernjournal.com\/trump-reveals-exactly-fix-biden-harris-econ-disaster-will-rapidly-defeat-bidenflation\/\" target=\"_blank\" rel=\"noopener\">inflation<\/a> remained low, reaching <a href=\"https:\/\/www.minneapolisfed.org\/about-us\/monetary-policy\/inflation-calculator\/consumer-price-index-1913-\" target=\"_blank\" rel=\"noopener\">2.4 percent that year<\/a> and falling to 1.8 percent in 2019 and 1.2 percent in 2020.<\/p>\n<p>In response, China apparently absorbed the cost of the tariff and perhaps <a href=\"https:\/\/www.asiafinancial.com\/chinese-firms-seen-shifting-production-abroad-to-avoid-us-tariffs\" target=\"_blank\" rel=\"noopener\">shifted some<\/a> of its manufacturing to other countries with better trade terms with the U.S.<\/p>\n<div style=\"position: relative;\">\n<div class=\"ff-fancy-header-container\">  <\/div>\n<div class=\"entry-submit-correction inner-content\">\n<div class=\"correction-form\">\n<form style=\"display: none;\">\n<div class=\"sc-name-field\"> <label>* Name<\/label> <br \/> <input type=\"text\" name=\"name\" required> <\/div>\n<div class=\"sc--field\"> <label>* <\/label> <br \/> <input type=\"text\" name=\"\" required> <\/div>\n<p> <label>* Message<\/label> <br \/> <textarea name=\"message\" required><\/textarea>  <\/p>\n<div class=\"required-message\" style=\"display: none; padding-bottom: 15px;\">* All fields are required.<\/div>\n<p> <input type=\"submit\" value=\"Submit\" onclick=\"event.preventDefault(); firefly_sc();\">  <\/p>\n<div class=\"firefly-sc-confirm\" style=\"display: none;\">Success!<\/div>\n<\/p><\/form>\n<\/p><\/div>\n<\/p><\/div>\n<p> <script> \t\t\tfunction firefly_sc() { \t\t\t\tif( typeof window.captchaPublicKey==typeof undefined ){ \t\t\t\t\tconsole.error('window.captchaPublicKey is not defined'); \t\t\t\t} \t\t\t\tgrecaptcha.execute( window.captchaPublicKey, { action: 'submit_correction' } ).then( function( token ) { \t\t\t\t\tvar opts={ \t\t\t\t\t\taction:    'firefly_sc_submit', \t\t\t\t\t\tname:      document.querySelector( '.entry-submit-correction [name=\"name\"]' ).value, \t\t\t\t\t\t:     document.querySelector( '.entry-submit-correction [name=\"\"]' ).value, \t\t\t\t\t\tmessage:   document.querySelector( '.entry-submit-correction [name=\"message\"]' ).value, \t\t\t\t\t\tpost_id:   firefly_post_id, \t\t\t\t\t\tcap_token: token \t\t\t\t\t}  \t\t\t\t\tvar inputs=[ 'name', '', 'message' ];  \t\t\t\t\tfor( var i=0; i <inputs.length; i++ ) if( ! ( opts[inputs[i]]=document.querySelector( '.entry-submit-correction [name=\"' + inputs[i] + '\"]' ).value ) ) { \t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .required-message' ).style.display='block'; \t\t\t\t\t\treturn; \t\t\t\t\t}  \t\t\t\t\tdocument.querySelector( '.entry-submit-correction input[type=\"submit\"]' ).style.display='none'; \t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).src=firefly_loading_gif_url; \t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).style.display='inline-block';  \t\t\t\t\tconsole.log( 'ma subbing' );  \t\t\t\t\tif( firefly_post_id ) opts['post_id']=firefly_post_id;  \t\t\t\t\t\/* Send the data using post with element id name and name2*\/ \t\t\t\t\tvar posting=jQuery.post( firefly_ajax_url, opts );  \t\t\t\t\t\/* Alerts the results *\/ \t\t\t\t\tposting.done( function( response ) { \t\t\t\t\t\tif( response.success ) { \t\t\t\t\t\t\tconsole.log( response.data ); \t\t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).style.display='none'; \t\t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-confirm' ).style.display='block';  \t\t\t\t\t\t\tdataLayer.push( { 'event': 'submit-correction' } ); \t\t\t\t\t\t} \t\t\t\t\t}); \t\t\t\t}); \t\t\t} \t\t<\/script>  <\/div>\n<p style=\"border: 1px solid #f5f5f5; padding: 16px;\">Advertise with The Western Journal and reach millions of highly engaged readers, while supporting our work. <a href=\"https:\/\/www.westernjournal.com\/advertise-us\/?wj_source=article\">Advertise Today<\/a>.<\/p>\n<p><script>console.log(\"ad slot (BA1)\")<\/script> <\/p>\n<div class=\"ff-fancy-header-container\">  <\/div>\n<style> \t\t\t \t\t\t.insticator-unit.type-commenting{margin: 0 10px 25px 10px}@media screen and (max-width:1060px){#div-insticator-ad-cmt-1, #div-insticator-ad-cmt-2, #div-insticator-ad-cmt-3, #div-insticator-ad-cmt-4{margin: 0 auto 25px auto !important;}}#div-insticator-ad-cmt-1, #div-insticator-ad-cmt-2, #div-insticator-ad-cmt-3, #div-insticator-ad-cmt-4{height: 280px !important; width: 336px !important} \t\t<\/style>\n<div class=\"insticator-unit type-commenting\">\n<div class=\"insticator-ads\">   <script data-cfasync=\"false\" type=\"text\/javascript\"> \t\t\t\t\tif ( ! getCookie( \"ff_subbed\" ) ) { \t\t\t\t\t\tInsticator.ad.loadAd(\"div-insticator-ad-cmt-1\"); \t\t\t\t\t\tInsticator.ad.loadAd(\"div-insticator-ad-cmt-2\"); \t\t\t\t\t} else { \t\t\t\t\t\tdocument.getElementById(\"div-insticator-ad-cmt-1\").remove() \t\t\t\t\t\tdocument.getElementById(\"div-insticator-ad-cmt-2\").remove() \t\t\t\t\t} \t\t\t\t<\/script> <\/div>\n<div class=\"insticator-ads additional\">   <script data-cfasync=\"false\" type=\"text\/javascript\"> \t\t\t\t\tif ( ! getCookie( \"ff_subbed\" ) ) { \t\t\t\t\t\tInsticator.ad.loadAd(\"div-insticator-ad-cmt-3\"); \t\t\t\t\t\tInsticator.ad.loadAd(\"div-insticator-ad-cmt-4\"); \t\t\t\t\t} else { \t\t\t\t\t\tdocument.getElementById(\"div-insticator-ad-cmt-3\").remove() \t\t\t\t\t\tdocument.getElementById(\"div-insticator-ad-cmt-4\").remove() \t\t\t\t\t} \t\t\t\t<\/script> <\/div>\n<\/p><\/div>\n<\/section>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>At an Economic Club of Chicago event on Tuesday, former President Donald Trump received applause from the audience as he challenged the Bloomberg editor-in-chief&#8217;s stance on tariffs. John Micklethwait argued that imposing 10 to 20 percent tariffs globally would significantly impact the economy, acknowledging that while some might benefit from specific tariffs, the overall consequences could be substantial. Trump agreed, stating it would have a &#8220;massive positive effect.&#8221; He pointed out how difficult it must be for Micklethwait to shift his long-held negative views on tariffs after being corrected. Trump cited John Deere&#8217;s decision to halt plans for new plants in Mexico due to his threat of a 200 percent tariff if they attempted to sell equipment back in the U.S., claiming this kept jobs in America. The crowd erupted with cheers when Trump dismissed Micklethwait\u2019s claims and criticized The Wall Street Journal\u2019s perspective on tariffs as consistently wrong. Trump&#8217;s approach advocates for reciprocal trade policies against countries that impose unfair practices on U.S. goods and highlights fair trade agreements made during his administration, such as USMCA with Canada and Mexico<\/p>\n","protected":false},"author":1,"featured_media":2355337,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2024\/10\/Trump-Bloomberg-News.jpg","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[20929,6234,3634],"class_list":["post-2355336","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-bloomberg","tag-interview","tag-trump"],"fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2024\/10\/Trump-Bloomberg-News.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2355336","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2355336"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2355336\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2355337"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2355336"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2355336"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2355336"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}