Trump slams WSJ over bombshell report
President Donald Trump unloaded on the Wall Street Journal Thursday after the paper came out with a bombshell report saying his family was in talks with a crypto exchange whose founder is seeking a pardon. He called the Journal a 'globalist' paper following 'polluted' and 'antiquated' thinking after he has been hammered in its opinion pages for days for setting off a series of trade wars – including one that had Trump threatening to slap a 200 percent tariff on all wine, champagne and alcohol coming out of European Union countries.
The attack comes despite Trump's close relations with News Corp chairman emeritus Rupert Murdoch. Trump, 78, has peppered his administration with former Fox News commentators and contributors, including Defense Secretary Pete Hegseth. 'The Globalist Wall Street Journal has no idea what they are doing or saying. They are owned by the polluted thinking of the European Union, which was formed for the primary purpose of “screwing” the United States of America,' Trump wrote in an angry morning diatribe.
'Their (WSJ!) thinking is antiquated and weak, and very bad for the USA. But have no fear, we will WIN on everything!!! Egg prices are down, oil is down, interest rates are down, and TARIFF RELATED MONEY IS POURING INTO THE UNITED STATES. “The only thing you have to fear, is fear itself!' The paper's editorial page on Thursday hammered Republicans in Congress for trying to 'duck' a vote on Trump's tariffs, and said a former Columbia University student the administration is trying to deport deserves 'due process.'
But the article that certainly caught Trump's attention was the one revealing talks for the Trump Organization to take a stake in the crypto exchange Binance. The company's founder, Changpeng Zhao, served four months in prison after pleading guilty to breaking anti-money-laundering rules. That came along with the company settling a DOJ criminal probe and agreeing to pay a $4.3 billion fine.
The report stated that the talks involved the Trump business taking a stake in the firm, which has both a U.S. and an overseas arm, through the Trump-backed World Liberty Financial. It further reported that Zhao, the company's largest shareholder, has been lobbying for a pardon that would ease the transaction.
The story posted at 9 am. Trump's angry Truth Social post appeared at 8:56 am. A separate front page story in the Journal was headlined 'CEO Frustrations with Trump Over Trade Mount – in Private.' It reported on 'revulsion' among the execs over Trump's economic policies, and said they were 'horrified' about Canada, a country Trump has been tariffing and saying the U.S. should annex as a state.
But they mostly kept their complaints private. The paper's editor in chief, Emma Tucker, spoke critically of the way Trump's tariffs are being imposed in an interview with Fox Business. 'They're being imposed in a very haphazard way,' she said.
'He's talking kind of in a no pain, no gain kind of way,' she added, referencing Trump's recent comments on the potential for a recession. 'Chief execs, businesses, they're slightly floundering because they don't know where to look now,' Tucker added.
Murdoch, 94, was in the Oval Office days after Trump took power, attending an event where Trump signed an executive order that would create a new U.S. Sovereign Wealth Fund. He also attended Trump's inauguration. DailyMail.com has reached out to the Trump Organization for comment.
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