VICTOR DAVIS HANSON: Don’t Be A ‘PANICAN' Over Trump's Tariffs, Wall Street

President Trump remains resolute in his tariff strategy, imposing a 125% tariff on China today and posting “Don't be a PANICAN (A new party based on Weak and Stupid people!)” on his Truth Social account.

So, is the recent Wall Street drop rooted in facts—or fueled by fear and manipulation? Victor Davis Hanson breaks down the numbers, the history, and the media narrative behind the current economic anxiety on today’s episode of “Victor Davis Hanson: In His Own Words.”

“ First term, Donald Trump, was he an enemy of Wall Street? Is there a better alternative? Did he crash the market? No. The market grew 65% under Donald Trump.

“ If it’s not based on data points and it’s not based on what you could infer from his first term and it’s not based on his agenda in other areas or the world scene, what is it based on it? It’s based on panic. It really is.

“Part of it is fed by left-wing street theater, media hysterics, which they feel will help their counterparts, their soul mates in Europe, so they can put pressure on Donald Trump.”

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00:00 Introduction: Market Panic or Data-Driven?
00:05 Trump's First Term: Wall Street's Ally
00:20 Current Market Data: Jobs and Inflation
02:21 Global and Domestic Policies: Stability or Chaos?
03:46 Historical Parallels and Media Influence
04:13 Economic Disparity: The Elite vs. The Masses
05:06 Trade Policies and Reciprocity


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