Now Donald Trump's favorite TV network is telling him tariffs are a problem
Fox — Donald Trump's favorite network — looks like it's starting to push back on tariffs. He's definitely watching.
MANDEL NGAN/AFP via Getty Images
- Donald Trump loves Fox News and Fox News loves Donald Trump.
- That's a long-standing symbiosis, rarely interrupted.
- But now Trump's favorite network looks like it's starting to push back on his tariff push.
Rupert Murdoch wants Donald Trump to change his mind about tariffs.
So he's communicating the best way he knows: through Fox News.
That's the takeaway I got Wednesday morning when I saw clips of Fox programs raising the alarm.
Here's Steve Doocy on "Fox & Friends" relating the story of an American small business swamped by China tariffs:
Fox News tells a story a small business owner who used to pay $26,000 in tariffs on goods imported from China, but now faces a $346,000 tariff due to Trump’s new 104% tariff on Chinese imports.
"We think that China is gonna have to pay for it. A special needs toy importer-- when… pic.twitter.com/bcDBrlUggM— Ron Smith (@Ronxyz00) April 9, 2025
And over on Fox Business, here's J.P. Morgan CEO Jamie Dimon telling host Maria Bartiromo it's "likely" that the US is headed for a recession.
Bartiromo: "Do you personally expect a recession?"
J.P. Morgan CEO Jamie Dimon: "I am going to defer to my economists at this point, but I think probably. That's a likely outcome." pic.twitter.com/RWe70xZMPu— The Bulwark (@BulwarkOnline) April 9, 2025
Let's spell out why it matters: Rupert Murdoch owns many media outlets. Some of them — notably The Wall Street Journal — have been critical of Trump at various times, including the first few months of Trump 2.0. And Trump definitely sees some of that coverage (check out this photo of Trump reading Murdoch's New York Post over the weekend.)
But the Murdoch outlet that matters the most, by far, to Trump is Fox News.
He not only inhales Fox coverage, but has staffed his administrations with Fox hosts and people he watches on Fox. Which is one reason why Pete Hegseth is now the secretary of defense. It's also why people who want to get in front of Trump get themselves booked on shows like "Fox & Friends," which is what Meta executive Joel Kaplan did in January, to announce the company's pivot to Trump-friendly policies.
And generally, people on Fox say things about Trump that Trump likes to hear. (A notable exception: When Trump complained that the 2020 election had been "stolen" from him, Fox initially resisted that narrative, prompting Trump to pump up would-be Fox rivals like Newsmax, which embraced Trump's made-up story. Fox quickly pivoted back to Trump's narrative — which ended up costing the network nearly $800 million in a defamation suit.)
So it's notable to see any Trump pushback on Fox networks, period. After the markets swooned following Trump's tariff announcements last week, Fox generally supported the moves, or ignored them.
So now, when I see Fox questioning Trump's tariff war twice in one morning? It makes me think there's a there there.
I have no idea whether any of that will actually change Trump's mind. After consuming the Dimon interview Wednesday morning, Trump focused on (what he thinks) was the upside of the chat: "Fixing Trade and Tariffs is a good thing!" Jamie Dimon, JPMorgan Chase, Chairman & CEO, on Maria B Show!," he posted on Truth Social.
But at least he's seeing it.