President Donald Trump’s surprise post on Truth Social at lunchtime on Wednesday announcing he was temporarily backing down on his threats to impose the most extreme parts of his calamitous tariff plan (albeit while still imposing a rate of 10 percent on most countries, seemingly, and a 125 percent on China, specifically) didn’t just provide a sudden jolt of buoyancy to the stock market, it also lifted the spirits over at America’s de facto state television channel, Fox News. Agriculture Secretary Brooke Rollins, who appeared to be somewhat forgetting the decades of postwar growth and economic dominance the U.S. had enjoyed, tried to convince viewers in an interview that America’s status as “the world’s greatest economic power” had ended roughly a century ago “at the dawn of the progressive era.” Only Trump’s “boldness” would bring back “a golden age of unlimited prosperity,” she assured them. Whatever the thinking, Fox News producers suddenly felt comfortable making one small but symbolic change to their coverage: a live ticker showing the Dow average, which had only been shown on screen Wednesday when the tariffs were being discussed, was soon affixed firmly to chyron on the bottom of the screen.
Author: David Mack
Published at: 2025-04-09 22:26:13
Still want to read the full version? Full article
