The Trump administration is desperate to convince Americans that Donald Trump’s trade war won’t affect their wallets.

U.S. Trade Representative Jamieson Greer took to Fox News Friday, attempting to claim that the tariff plan had not destabilized the U.S. economy—but even on his favorite network, Trump’s policies faced heat.

“They say tariffs are gonna cost the American household $4,800,” prompted co-host Brian Kilmeade. “What do you say to those households?”

“First of all, I would say, with respect to those projections, a lot of those are Wall Street analysts who have a lot to lose themselves,” Greer said.

Except those numbers didn’t come from Wall Street analysts. Instead, the prediction came from a new report by the Yale Budget Lab, which assessed that Trump’s tariffs would raise the cost of goods by 2.9 percent, “the equivalent of a loss of purchasing power of $4,700 per household on average in 2024 dollars.”

And Greer’s point that it’d be men on Wall Street rejecting Trump’s roller-coaster ride of a market agenda rings especially hollow in light of the fact that the market has already seen its fair share of winners and losers. Some of the biggest winners, however, appear to be Trump’s billionaire buddies—notably his right-hand man Elon Musk, who has seen massive gains amid the up-and-down chaos.

Meanwhile, Trump’s weeklong global tariff volley and its ensuing volatility affected some 62 percent of Americans who participate in the market in some way or another, either by way of holding individual stocks or investing their money in retirement plans such as 401(k)s, IRAS, or pensions.

“I think the economic fundamentals of our country are still very, very good, and while there may be an adjustment, I think we’re going to be on a good path and I don’t think we’re going to see that level of increase in household expenses,” Greer added.

The administration’s slapdash approach to global trade was on full display Wednesday, when Greer was caught completely out of the loop while testifying before the ​​House Ways and Means Committee. His lack of prior knowledge made it abundantly clear that communication has eroded so thoroughly through Trump’s Cabinet that even the U.S. trade representative had not been apprised of the president’s decision to temporarily reverse course on his tariff agenda.

It turns out that Donald Trump’s erratic tariff policy is not popular with manufacturing workers.

A new Washington Post poll of over 500 workers showed that 52 percent oppose the trade measures, believing that they are bad for their livelihoods and the country. In addition, 57 percent of them said that tariffs would hurt their jobs and careers, while 59 percent said that tariffs would hurt the companies they work for.

When broken down on partisan lines, less than half of Donald Trump voters (44 percent) said they believed tariffs would help them, while 87 percent of Harris voters said they would hurt them. A slight majority of the poll’s respondents said they favored or leaned toward the Republican Party, making the results more striking.

Trump has alternately raised and lowered tariffs, confusing markets and businesses. At the moment, there are 145 percent tariffs on China, 25 percent tariffs on Mexican and Canadian goods not covered by the USMCA trade agreement, and 10 percent on most other countries. The moves have already led to layoffs in certain American industries, such as automobiles, and a looming recession would lead to even more job losses.

But Trump doesn’t seem to have any kind of plan with his tariffs and is making it up as he goes along. Without any clarity as to where things are going, not only will industries and markets continue to slide, but Trump may start to lose support from manufacturing workers, many of whom were part of the reason for his election victory in 2024.

Trump has already created thousands of disgruntled, laid-off federal workers. If Democrats capitalize on the vast numbers of Americans worried about their jobs, the result would be big losses for the GOP in 2026, and possibly even 2028.

Donald Trump’s administration has been begging for a call from Chinese President Xi Jinping—despite Trump’s claims that his reciprocal tariff policy sent nations scrambling to cut deals with him. But instead of fostering negotiations, it seems their desperation only made things worse. 

Beijing announced Friday that it was raising tariffs on U.S. goods from 84 percent to 125 percent, following confirmation from the White House the day before that it was placing tariffs of 145 percent on Chinese goods. 

Ahead of Thursday’s announcement, the Trump administration had attempted to talk Chinese officials out of levying more retaliatory tariffs, and advised them to have their president give Trump a call, according to CNN. 

Instead of entreating Xi to a meeting, U.S. officials awoke Friday to even more tariffs, and no request to begin negotiations. 

U.S. Trade Representative Jamieson Greer confirmed Friday morning that the U.S. had not yet begun talks with Chinese officials to walk back the tariffs.

The White House has claimed to have started negotiations with officials from 75 countries—though it has refused to divulge which ones—in response to Trump’s reciprocal tariff policy. China has been a notable holdout, and was therefore made exempt from Trump’s 90-day pause on new rates going into effect. 

The Trump administration has been saying pretty much the same thing to China for roughly two months, insisting that Beijing must make the first move, but with no luck.........

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