The newspaper also called out the “MAGA echo chamber” for backing the president’s tariffs.

The Wall Street Journal said Donald Trump is “finally listening to reality” as he caves on his tariff agenda and backs off his threats to try to fire Federal Reserve Chair Jerome Powell.

“The MAGA media echo chamber that praised Mr. Trump’s tariffs as strategic genius looks foolish,” the newspaper’s editorial board wrote on Wednesday evening.

Trump placed massive tariffs on many nations, causing markets to crash, then reduced most of them except for those on China. Next, he issued carve-outs for specific types of products coming from China.

And on Wednesday, he appeared to be backing away from the remaining tariffs on China as well, saying they “will come down substantially.”

  • ceenote@lemmy.world
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    2 days ago

    I’m actually glad China has been so tough on us. I’m pretty tired of world leaders letting that moron claim victory and save face so we can more smoothly go back to normal. The more he’s humiliated, the less likely anyone will try to campaign on this kind of stupidity in the future.

  • Optional@lemmy.world
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    2 days ago

    Spoiler: the WSJ article does no “dunking” whatsoever and soft-pedals the barest pushback on this demented rapist’s latest attack on America.

    The question going forward is whether Mr. Trump is internalizing these economic and political lessons or merely pausing to fight his trade war another day. We doubt even Mr. Trump knows the answer, since so much of his decision-making is ad hoc. He’ll keep his universal 10% tariff in any case.

    That’s the harshest paragraph in the whole thing, and it’s a reason I don’t like to see so many Huffpo and DailyBeast articles - especially if the comm isn’t going to allow Wonkette for ‘not being a true news source’ because those publications are just hype and click farms.

  • BeNotAfraid@lemmy.world
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    1 day ago

    WSJ Owned by Bezos, Criticism is performative if their at all. Ignore the outlet running stories that seek to normalize child labor in the public zeitgeist by legitimizing it through Billionaire controlled propaganda pieces. Look Beyond.