CNN halts for major 'breaking news' announcement - it's good news for Trump

US President Donald Trump has been "vindicated" after CNN issued a breaking news report on the economy following his tariffs announcement. CNN halted for a report on the US economy adding 147,000 jobs in June, with unemployment rates falling to 4.1%. Trump announced new tariffs will apply to "10 ot 12" nations, saying: "They'll range in value from maybe 60% or 70% tariffs to 10% and 20% tariffs, but they're going to be starting to go out sometime tomorrow.

"We've done the final form, and it's basically going to explain what the countries are going to be paying in tariffs."

Presenter John Berman spoke to a financial expert Rana Foroohar, who is a Global Business Columnist and editor for the Financial Times. John said: "And again since March and before, there were predictions that the tariffs and tariffs policy was going to lead to inflation and job losses, and there was a prediction of doom, and that just hasn't happened yet."

Rana replied: "It hasn't happened yet, and I have been doing a lot of reporting on this topic a nd what I'm hearing is that last few years really since Covid and even before, is companies have realised that your supply chains can be interrupted for lots of reasons and so they've been using technology to really streamline things, there are systems in place and there is a lot more efficiency in the system now. This is a triumph of business

"That said, when we think about who will do well during this period, it will be big businesses, with smaller businesses likely to struggle to cope with the new tariffs. That concerns me, because small and mid size businesses are what fuels a lot of communities around the country, if you see them going under because they can't take the tariff pressure, that could have some job impact so again, optimistic right now but maybe some issues on the horizon."

The moment was shared on social media, with one X user saying: "CNN reports that President Trump's tariffs haven't tanked the economy, they've done the opposite. Trump is vindicated yet again."

Another added: "CNN, trying their hardest to make good news sound bad."

A third chimed in: "Yet she couldn't get herself to applaud DJT." A fourth raged: "These idiots still don't understand that tariffs are a negotiating tool. They think he's caved by lowering them when in fact he starts out with the highest knowing they will be lowered in negotiations. Are they this dense?"

A fifth said: "Every negative angle they could dream of was spliced into that. Loved the lie about "this is years of great jobs reports now" at the end - did I imagine that? Do they not realize that all Biden's jobs reports were fabricated & later discredited?"