On April 9, 2025, Fox Business host Larry Kudlow reportedly expressed enthusiastic support for President Donald Trump following a significant 6% surge in the stock market.
This rally was prompted by Trump’s decision to pause higher tariffs on 75 countries for 90 days, while simultaneously increasing tariffs on China to 125%.
During the broadcast, Kudlow, who formerly served in the Trump administration, responded positively to co-host Dagen McDowell as she highlighted the market gains stemming from the tariff announcement.
He remarked on Trump’s willingness to listen to advice regarding trade policy, noting, “This is just wonderful. This is Trump at his best!”
McDowell provided additional context about the tariff pause, mentioning that the reciprocal tariffs would reduce to 10% for those 75 nations that had not retaliated against the U.S.
She speculated that recent movements in the 10-year Treasury yield may have influenced the timing of the announcement, suggesting it could signal a new approach in trade relations.
Kudlow praised Trump’s adept management of policy, arguing that the pause demonstrates flexibility and common sense.
He acknowledged the concerns of market watchers who believed the tariff situation was too extreme, asserting, “He is right… His idea of reciprocity, which should lead to freer trade and lower tariffs over time, is exactly correct. It’s just terrific stuff!”
Co-host Taylor Riggs chimed in to emphasize the magnitude of the market’s rise, reiterating the impressive 6% increase.
Kudlow’s commentary reflects a broader optimism surrounding Trump’s approach to economic policy, showcasing a confident stance in navigating trade complexities.
The overall sentiment on the show indicated strong approval of the steps taken towards stabilizing market conditions in the wake of the tariff announcement.
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