Karoline Leavitt tears into media for missing Trump’s ‘art of the deal’ after stunning tariffs U-turn: Live updates
In just one night, the stock market skyrocketed, and thousands of billions of dollars “disappeared”! Karoline Leavitt, White House press secretary, turned up the heat by criticizing the media in a dramatic press conference. She relentlessly “attacked” reporters, accusing them of not understanding the President’s “Art of the Deal.” Is this a calculated power move by the White House, or is Karoline Leavitt getting caught in a game she can’t control? Everything is in chaos, and the drama is just beginning!
Donald Trump is putting a 90-day tariffs pause on over 75 countries that are negotiating a better deal with his administration.
‘I have authorized a 90 day PAUSE, and a substantially lowered Reciprocal Tariff during this period, of 10%, also effective immediately,’ he said about countries who haven’t retaliated.
His shock U-turn announcement posted to Truth Social immediately caused the markets to start rebounding at over 5 percent and rising.
Press Secretary Karoline Leavitt, standing alongside Treasury Secretary Scott Bessent, immediately ripped into the media for ‘missing the art of the deal’ reporting widespread skepticism on how his bold tariffs would play out.
Trump is increasing tariffs on one country – China – slapping a 120 percent tariff after the nation took retaliatory action against the U.S.
China had announced it will impose 84 percent tariffs on U.S. goods from Thursday, up from the 34 percent previously announced.
Karoline Leavitt claims media missed Trump’s ‘Art of the Deal’
Many of you in the media clearly missed the Art of the Deal. You clearly failed to see what President Trump is doing here.
Karoline Leavitt tells media they missed the ‘art of the deal’
Karoline Leavitt claims media missed Trump’s ‘Art of the Deal’
White House press secretary Karoline Leavitt and Treasury Secretary Scott Bessent speak to reporters outside the West Wing of the White House, Wednesday, April 9, 2025, in Washington. (AP Photo/Jacquelyn Martin)
By Nikki Schwab, Chief Campaign CorrespondentWhite House press secretary Karoline Leavitt took a swipe at reporters outside the West Wing Wednesday, pushing that President Donald Trump’s wild turnaround on reciprocal tariffs was all part of a plan.Many of you in the media clearly missed the Art of the Deal. You clearly failed to see what President Trump is doing here.
Her comments came as she stood alongside Treasury Secretary Scott Bessent after Trump reversed course on implementing the tariffs – keeping all tariffs at just 10 percent and pausing the higher reciprocal rates, while raising tariffs on Chinese goods.
The Art of the Deal is the name of Trump’s best-selling 1987 business book.
Both Leavitt and Bessent tried to spin Trump’s move as not one motivated by the stock markets tanking.
Instead, Bessent said claimed that Trump had ‘created maximum negotiation leverage’ by allowing the tariffs to go into effect and then reversing them less than 14 hours later.
‘This was his strategy all along,’ Bessent claimed.
In just five minutes after Trump’s announcement, trillions of dollars were added to the value of U.S. stocks, providing a huge boost to Americans, especially those with investments in 401(k)s and indexes like the Dow.
Wall Street stocks rocketed higher Wednesday after Trump’s pause announcement.
U.S. bond yields had also risen amid a sharp sell-off scaring families across the country.
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