In a candid appearance Tuesday on Newsmax’s “Rob Schmitt Tonight,” CNBC’s Andrew Ross Sorkin reflected on how he — and much of Wall Street — misjudged President Donald Trump’s approach to tariffs.
The longtime financial journalist and New York Times columnist admitted that his initial reaction to Trump’s trade strategy was wrong, crediting the president for his willingness to adjust course as the economic effects unfolded.
“So, I’ll tell you where I got it wrong,” Sorkin said early in the interview. “I got it wrong, and I think Wall Street got it wrong, and a lot of people got it wrong, when he first made his pronouncement about Liberation Day.”
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