Skip to content
Search AI Powered

Latest Stories

A Fox News Panelist Just Called Out 'Swamp Denizen' Donald Trump for Ballooning the Deficit

A Fox News Panelist Just Called Out 'Swamp Denizen' Donald Trump for Ballooning the Deficit
Fox News/YouTube

Even Fox is waking up.

Fox Business co-host Dagen McDowell criticized President Donald Trump for ballooning the national deficit, suggesting on today's broadcast of Fox News's "Outnumbered" that the United States should stop borrowing money from the Chinese.

“If President Trump and this is administration want to get tough with China, then stop spending so much borrowed money," she said. “Because we are borrowing from China. They are one of the two biggest foreign holders of our U.S. Data. We are running budget deficits back near the $1 trillion mark.”

"Outnumbered" host Harris Faulkner responded that the economy would need to be "restructured" for McDowell's recommendation to work. "We couldn’t do that even with Republicans, bicamerally in control over the last year up until the midterms of 2016," he told her. “It is swamp-what up in there.”

McDowell agreed, referring to Trump as a "swamp denizen."

“Again, now he’s a swamp denizen, I suppose. President Trump has been spending money had overfished just like every of the president going back to, well, Reagan."

You can watch the exchange below:

McDowell's criticisms came after the president claimed in a tweet that the United States "has been losing, for many years, 600 to 800 Billion Dollars a year on Trade."

The president's understanding––or lack thereof––of trade deficits was scrutinized.

Over the weekend, Trump said that tariffs on $200 billion of Chinese goods will increase to 25 percent on Friday, up from 10 percent.

Last year, the president's understanding of trade (and tariffs) was similarly criticized when he made a bizarre claim about tariffs and how they operate.

“Tariffs are the greatest!” the president claimed, before saying that leveling tariffs are a “simple” repercussion of negotiating trade deals that would impact the United States “unfairly.”

Tariffs are taxes on imports or exports between sovereign states. In the United States,  many tariffs are paid at the time of entry into the country via a U.S. customs broker or agent, and that doesn’t necessarily account for duties and fees that may apply to the import.

Trump’s tweet came as the U.S. and China sparred tensely after Trump announced an additional $200 billion in tariffs on Chinese goods, in an attempt to get businesses to use less Chinese-produced goods and opt for goods made in the U.S. or by allies with whom the country has less precarious trade relationships.

These tariffs don’t benefit the U.S. or, as Trump puts it, “the piggy bank that’s being robbed.” The tariffs actually result in production cost increases for businesses that use imported Chinese products. These increases happen because businesses either must use more expensive domestic parts or pay more for the finished products.

Trump’s tariffs also focus on intermediary goods, or parts, which many small-to-medium-sized U.S. businesses use to make finished products. Consequently, the increased cost of parts places businesses into positions where they must either raise prices on their goods and pass the cost on to the consumer, reduce their workforce, or shutter U.S. operations and move overseas to avoid tariffs.

More from People/donald-trump

Screenshots of Kamala Harris and J.D. Vance

Kamala Harris Calls Out JD Vance For 'What He Didn't Say' During RNC Speech In Epic Takedown

In a fiery speech to supporters in North Carolina, Vice President Kamala Harris called out what J.D. Vance—former President Donald Trump's freshly selected running mate—"didn't say" in his speech accepting the VP nomination on Night 3 of the Republican National Convention.

Amid much talk about key conservative issues like immigration, the ongoing border crisis, and "law and order," he did not once mention what the GOP has explicitly laid out and is now attempting to distance itself from: Project 2025.

Keep ReadingShow less
Screenshot of Daniel Dale; Donald Trump
CNN; Chip Somodevilla/Getty Images

CNN Fact-Checker Debunks Trump's RNC Speech Lies For 2 Minutes Straight—And Yeah, It's A Lot

CNN fact-checker Daniel Dale debunked lies former President Donald Trump told during his acceptance speech at the Republican National Convention, dedicating two minutes to picking apart Trump's many falsehoods.

Trump made numerous oddball remarks during his speech, particularly his reference that the world was "at peace" when he was in office until his political opponents "turned it into a planet of war," declaring that the planet is now "blowing up around us" due to Democratic policies.

Keep ReadingShow less
Screenshots of Donald Trump and Tiffany Trump

Trump Snubbed Daughter Tiffany As She Went In For A Kiss At The RNC—And People Are Team Tiffany

Social media users were sympathetic to Tiffany Trump after her father, former President Donald Trump, appeared to snub her as she went in for a kiss before his climactic speech accepting the GOP's presidential nomination.

Footage from early in the evening shows a smiling Tiffany walking up the stairs toward Trump, who clearly saw her. She then attempted to greet him with a kiss only to be ignored, as he looked out at the crowd beyond her, as she walked away looking dejected.

Keep ReadingShow less
Picture of Marjorie Taylor Greene seen on "The Daily Show" with Jon Stewart
The Daily Show

Jon Stewart Just Pointed Out The Weird Noise MTG Made During Her RNC Speech—And Now We Can't Unhear It

Jon Stewart had a lot to unpack on Tuesday's airing of The Daily Show, given a wild week that included the shocking assassination attempt on former Republican President Donald Trump as well as the Republican National Convention in Milwaukee, which kicked off on Monday.

One specific highlight from the opening night of the RNC that Jon couldn't help but fixate on was far-right Georgia Representative Marjorie Taylor Greene making strange sounds while addressing delegates during her speech.

Keep ReadingShow less
Justin Long and wife Kate Bosworth
Slaven Vlasic/Getty Images for Smile Train

Justin Long Shares Wife Kate Bosworth's 'Really Romantic' Reaction To Him Pooping The Bed

Warning: soiler alert. Graphic bowel movement descriptions ahead.

Actor Justin Long had a romantic e-poo-phany about how much he loved his wife, actor Kate Bosworth, when he soiled the bed after suffering from food poisoning during a trip to Mexico.

Keep ReadingShow less