From Yahoo Finance: 2025-04-07 19:30:00

Anthony Scaramucci criticizes President Trump’s new tariffs, calling them “Donald Trump Stupid.” The tariffs triggered a global market plunge, with the Dow falling over 1,600 points. Scaramucci warns of potential economic harm from the tariffs and criticizes Trump’s team for being in an “echo chamber of stupidity.”

The ongoing trade war has former Trump administration officials like Scaramucci concerned about potential economic fallout. The market’s reaction to the tariffs highlights global economic impact. The Dow’s significant drop indicates investors’ worry about the trade war’s economic consequences.

Read more: ‘There Is Stupid and Then There Is Donald Trump Stupid’