
Geraldo Rivera praised President Donald Trump on NewsNation Wednesday as he said Trump âambushedâ and âsuckeredâ China with his unpredictable tariff strategies.
Trump announced a 90-day suspension of reciprocal tariffs for all countries except China, which faces a 125% increase, leading to a surge in international markets following his Wednesday announcement on Truth Social. During an appearance on âNewsNation Now,â Rivera praised Trumpâs tariff tactics as âbrilliantâ maneuvering that strategically misled China and the global economic powers.
âI believe that he ambushed China. I believe that he suckered the whole world into believing that he was going to go down in this harry carry, this suicide mission against the world,â Rivera said. âI think with him itâs so much spontaneous, but I believe it evolved. I mean, Monday, so many people were feeling terrible pain. The markets were tanking. It was no end in sight. People were watching their 401Ks, their IRAs disappear.â
Rivera said Monday was a day of widespread anxiety, with the stock market in a free fall and no end in sight to the financial pain.
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âThe whole nation was, I think, trembling over the uncertainty of where we were going with this. He was picking a fight with the entire world. So I said Monday âIsnât the problem with China? Why are we getting everybody, U.K., European Union, Japan? Chinaâs the problem.â I couldnât understand it,â Rivera said.
Rivera said his confusion cleared after a breakfast meeting at the Regency Hotel with close friends and financial insiders.
âWe all are talking. âOh my God, this is awful, but weâre doing the right thing. You have to have courage. You have to stick it out.â I went to my Twitter followers,â Rivera said. âI said, please donât sell. This is on Sunday and Monday. Please donât sell unless you absolutely have to. And then, you know, look what he does. Surprise. You know, this is why Trump is triumphant. This is why you canât beat this guy.â
Despite saying that Trumpâs approach was bold, Rivera defended it as a necessary evil in dealing with China.
âChinaâs been cleaning our clock for a long time, making a lot of money on the U.S. trade in a lot of different ways. Dumping product, not taking ours at all,â Rivera said. âI think that what he did was brilliant. And a lot of people are heaving a huge sigh of relief. People were staring at the abyss. No one knew how far this was going to go, whether we really were off the cliff forever. And I just feel sorry for all the people who chickened out and sold out.â
(Featured Image Media Credit: Screenshot/NewsNation)
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