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CNN's Dana Bash was gobsmacked that President Donald Trump opted to play golf Friday while the U.S. economy was melting down due to the tariffs he imposed on dozens of countries earlier this week.
On Friday, stocks continued their downward spiral, losing more than 3,000 points in two days. China announced it was retaliating with 34% tariffs on U.S. goods. And Fed chairman Jerome Powell said Trump's tariffs "raise risks of faster inflation and slower growth," according to The New York Times.
Trump was already lambasted Thursday for deciding to attend a LIV Golf event at his Doral course in Miami instead of presiding over the dignified transfer of the four U.S. soldiers who died in Lithuania.
"The president right now is playing golf," Bash began. "He went to Florida. he's going to go to a Saudi-backed golf tournament, but he's playing golf right now."
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She continued, "Now, presidents play golf. Almost every president plays golf. He really trashed Joe Biden for playing golf. No one's questioning the need for presidents to let loose a little bit...But, now? Given what's happening right now in the world, on world economies, for only one reason — that is because he wanted to launch this trade war."
She added, "This is a very volatile time because of his policies!"
Correspondent Phil Mattingly interjected, "The certainty of his economic team, particularly on the kind of data research side that — the people that have been telling you this can't work, the markets that are reacting — are wrong. 'They're wrong. We know they're wrong. We believe the first-term stuff worked, we just didn't go big enough.' I cannot stress to people enough how much that is internalized in the people that work for him."
Bash agreed, saying, "It's definitely a very, very deeply held credo that this is all going to work out."
English (US)