President Trump's wild morning tweets have left Fox News' Chris Wallace fairly baffled.
Wallace appeared on America's Newsroom shortly after the president not only questioned whether the Federal Reserve chair he appointed was an "enemy" of the United States but also claimed American companies "are hereby ordered" to find an "alternative to China." The latter tweet was read to Wallace for the first time live on-air by host Sandra Smith, who — in a vast understatement — informed Wallace that Trump "had moved on to more tweets." Wallace then tried, and mostly failed, to make sense of the "order" issued by Trump.
"The best I can tell, the American president can't order U.S. companies how they're going to do their sales ... we have a free market, capitalist system," Wallace said, suggesting that "most people in this country wouldn't want to see a president be able to" control sales in such a way either.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Wallace then pivoted back to Trump's earlier tweet that suggested Powell is an enemy of the country, reminding viewers that the alleged antagonist "was appointed by President Trump" himself.
"When you have the president of the United States sort of flailing around this way ... is that going to create more consumer confidence about the state of the economy or not?" Wallace rhetorically asked. Perhaps to push viewers toward the answer, Smith immediately noted that the Dow Jones Industrial Average had taken a plunge amid "the president's tweeting."
Wallace concluded the segment by dryly noting that Trump "clearly isn't responding well" to China announcing retaliatory tariffs and suggested we might be in for a "bumpy" G-7 summit this weekend if his tirade keeps up.
"Hold on to your hats," Wallace suggested. Brendan Morrow
-
Political cartoons for October 18Cartoons Saturday's editorial cartoons include conversion therapy, Russ Vought, and more
-
President Trump: ‘waging war’ on ChicagoTalking Point Federal agents are carrying out ‘increasingly aggressive’ immigration raids – but have sanctuary cities like Chicago brought it on themselves?
-
Sudoku medium: October 18, 2025The Week's daily medium sudoku puzzle
-
DOJ indicts John Bolton over classified filesSpeed Read Continuing the trend of going after his political enemies, Trump prosecutes his former national security adviser
-
Trump, Putin set summit as Zelenskyy lands in DCSpeed Read Trump and Putin have agreed to meet in Budapest soon to discuss ending the war in Ukraine
-
Courts deal setbacks to Trump’s Chicago operations
Speed Read President Donald Trump cannot deploy the National Guard in Illinois
-
Pentagon reporters turn in badges after refusing rulesSpeed Read They refused to sign a restrictive new press policy imposed by Defense Secretary Pete Hegseth
-
Supreme Court points to gutting Voting Rights Actspeed read States would no longer be required to consider race when drawing congressional maps
-
Trump says he authorized covert CIA ops in VenezuelaSpeed Read He is also considering military strikes inside the country
-
‘Vile, racist’ leaked chats roil Young RepublicansSpeed Read Leaders of Young Republican groups made racist, antisemitic and violent comments in private chats
-
Trump ties $20B Argentina bailout to Milei votesspeed read Trump will boost Argentina’s economy — if the country’s right-wing president wins upcoming elections
