Charles Payne: The Trump Tariffs Are the Economic Version of MOAB

EXCERPT:

PAYNE: “It is a bumpy ride to get there. It’s a monumental goal, something that hasn’t been tried before. And I think the thing obviously with the market the last 48 hours is the shock and awe of the reciprocal tariffs. And, you know, in many ways, Bret, you know, it’s interesting. I talked about this Wednesday on my show. We should have seen it coming because when Trump was in office the first time, he dropped MOAB, the Mother of All Bombs, the largest non-nuclear bomb in history on the ISIS. And this is sort of an economic version of that. Now, I will say, obviously you can see that the markets are rattled, in part because Jay Powell, I think, put it best today when he spoke. Many thought he would come to the rescue. It’s far too early for him to be involved, but I hope he gets involved sooner rather than later.”