Jesse Watters on Donald Trump’s tariffs: “It's an exciting time to be alive”
Watters: “It’s not like he’s freewheeling here”
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From the April 3, 2025, edition of Fox News' The Five
JESSE WATTERS (CO-HOST): And he's not looking at the next quarter or the next quarter, he's looking at the next 50 years. So this is what this is all about.
He's been ahead of the curve on China. He's been ahead of the curve on the border. Maybe he's ahead of the curve on trade. And it's not like he's freewheeling here. He has two men, Lutnick and Bessent, who have made billions of dollars in international markets. Currency markets, energy markets, trade. These guys know what they're doing and they are all in.
If tariffs are so bad, why do other countries have them on our products? Why is it okay if they can tariff us, but we can't tariff them? No one really answers that question. There are billions of people -- I call them customers -- in India and China, we can't sell them cars? We can't sell rice to Japan? We can't sell big, beautiful beef to Australia? It doesn't make any sense. Imagine how rich we could be if we were able to access these markets all over the world. Stock prices would go up, the wages would go up, and everybody would be happy.
I, Greg, think it's an exciting time to be alive. We've rewired the entire world in a way we haven't seen in 100 years. And it's great. And hopefully, it works out. I haven't looked at my 401(k) today. I'm going to look at it tomorrow -- actually, maybe not, I won't look at it for another month. But, you just, as he said, have to remain calm. He ran on this. He was elected on this. And every economist has been wrong about his policies. So, let's just sit back. We've already seen energy prices drop. Treasury yields are down. Mortgage rates have come down. If the Fed can lower rates, it's going to bring inflation down, and that's what everybody wants.