FoxNews Cannot Bear Very Much Reality

Gasparino: The stuff they are buying from us they probably would have bought anyway. And when you say we get 15%. True. But that means U.S. Consumers are paying 15% more too. It's kind of like a tax increase on U.S. Consumers. pic.twitter.com/ZGrJSYLsST

— Acyn (@Acyn) July 28, 2025

Gasparino: You do have to ask yourself why the rush to get a deal like this done.. They didn’t agree to that much for us. Why did they go from DEFCON 1 to this? One reason is that there is a federal appeals court that is ruling on Trump’s use of the emergency power to impose… pic.twitter.com/evXpRDhkV1

— Acyn (@Acyn) July 28, 2025

Gasparino: You do have to ask yourself why the rush to get a deal like this done.. They didn’t agree to that much for us. Why did they go from DEFCON 1 to this? One reason is that there is a federal appeals court that is ruling on Trump’s use of the emergency power to impose tariffs and that court could rule against him. If it rules against him, the whole tariff scheme is up in the air

Until the Oracle of Delphi shadow docket rumbles cryptically.

Kilmeade: What about the 50% tariff on EU steel and aluminum. How is that going to affect all of us?

Gasparino: If we need to buy steel from them. It's going to cost us more. Again, Brian, put this in context. Every penny we get from them is being passed to the U.S. Consumer.… pic.twitter.com/rjF5xo7bVS

— Acyn (@Acyn) July 28, 2025

Kilmeade: Not necessarily

Gasparino: Yes necessarily. Companies don't report to president. They report to shareholders and they have a fiduciary responsibility for profit margins and at some point and that point is coming. You can see it. There are price increases on certain goods.. Let’s be real clear here. Tariffs cost, they’re a tax. That tax often gets passed on to consumers.