


Washington Examiner Senior Writer Joe Concha complimented talk show host Bill Maher for taking back a prediction that tariffs would be bad for the U.S. economy.
Maher claimed to be among “probably most people” who believed tariffs would negatively affect the economy during Monday’s episode of his podcast Club Random.
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President Donald Trump has set tariffs against 25 countries to begin Aug. 1, although tariffs against China and foreign automobiles are already active.
“I don’t see a country in a depression at all. I see people out there just living their lives,” Maher said. “And I would’ve thought, and I gotta own it, that these tariffs were going to f***ing sink this economy by this time, and they didn’t!”
Concha predicted that Maher would be the only person to admit he’s wrong about the tariffs on Fox News’s Fox and Friends First Tuesday.
“Good for Bill Maher,” Concha said. “He is one of the few on the left that isn’t pretending that everything they said about Trump’s tariffs in April — where everybody was screaming their 401(k) is going away forever — was ego-driven and done by Trump.”
“Now, he’s actually admitting that Trump may have been right. The bottom line is the stock market is up nearly 7,000 points since that point in April when tariffs were enacted,” Concha added.
As of Tuesday morning, China has the highest tariff rate at 51%. Brazil will have the second-highest rate, jumping from 10% in April to a 50% tariff rate starting on Aug. 1.
Additionally, the Philippines saw its rate increase from 17% to 20% since “Liberation Day.” Japan, Brunei, and Malaysia initially faced a 24% tariff, but have since ticked up to 25% each, according to letters Trump sent on July 12.
BILL MAHER ‘WRONG’ ABOUT TRUMP’S TARIFFS: ‘I GOTTA OWN IT’
Tariffs for Mexico and Canada started earlier this year with an initial 25% tariff on imported goods, but now Trump wants a 30% tariff on Mexico and 35% on Canada.
The rest of the 25 countries that received letters saw decreases in their proposed tariffs.