Former Home Depot CEO calls Trump tariffs response an ‘over-reaction’

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Bob Nardel, Executive Director of the former Home Warehouse, was called the stock market response President Donald Trump tariffs on Monday and claims that they will be very useful to go to the economy.

The stock exchange took a big hit because Trump announced large-scale tariffs in many countries that will come into force this week. Despite the fear of falling as a result, Nardeli said “In America reports“In Fox News, tariffs have previously yielded positive results and will continue to do it if it’s time.

“As I mentioned many times, we have become an instant contentment,” Nardel said. “We saw the early tariffs on Mexico and Canada, and as a result we saw the closure of the border. We saw the repatriation of criminals and illegal aliens here. People were very happy about it. “

JPMORAN CHASE CEO JAMIE DIMON is a tariff warning in an annual letter

Bob Nardelli

Former home warehouses and chrysler CEO Bob Nardel discussed Trump’s spread tariffs “America’s reports”. (FOX News / FOX News)

He continued.

“I am staying in this market because I believe what is doing during the long shipping process will benefit from a number of ways.

Hosts Sandra Smith pressed Nardeli about the concerns like people Billionaire investor Bill Akkman And JPMorgan Chase Ceo Jamie Dimon, who warned of rising prices and tariffs on the “Economic Nuclear Winter”.

Nardeli replied that the administration is probably aware of the uncertainty about the tariff policy, but it has been disputed that it is “risk” to help in the long run.

What about President Trump’s “liberation day” tariffs?

Donald Trump

Some experts have warned that Americans may face a difficult price if Trump’s tariffs remain on the spot. (ISTOCK / GETTY / GETTY PICTURES)

“We have to stop letting Wall Street decide our business. In every 90 days, the satellite passes, and they do not like the discussion of the case.

The Trump’s Administration has said since the tariff announcement that more than 50 countries have reached For new economic negotiationsA number

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