Thursday, May 21, 2026

Right Wing Fox Pundit Gasparino Calls Trump Out on China: “Forced to Back Off, End of Story”

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“Charles Gasparino is a FOX Biz Senior Correspondent, NY Post columnist & author of “Go Woke Go Broke; The Inside Story of the Radicalization of Corporate America.”

It says so at the top of his Twitter X page.

But this morning, Gasparino calls foul on Donald Trump’s manipulation of the tariff story and his claim of victory.

Charlie is often seen on Fox News and CNBC. I hope he stands by this, this morning.

Gasparino writes on his post:

“BREAKING: Trump raised tariffs on the world, the markets, particularly the bond market — which we need to finance our debt–rebelled. Trump then was forced to back off. End of story. Film at 11 of the president spinning this as a major victory. Ok sorry, I couldnt help myself. But what we have seen is a little lesson on how markets exert their power, how when you have to depend on them as we still do (and remember its really the budget deficit thats causing the trade deficit and we need the budget deficit to maintain our standard of living) you cant go to trade war with the world without bad stuff happening”

It’s the most clarity I’ve seen from the Republican side, and this is from a guy who’s smart and dug in.

Was this just a smokescreen for the $500,000 Qatari plane? Or it the other way around? Trump’s MO is to set a fire, watch it burn, and then call the fire department. How many times has he read the opening of Scott Spencer’s novel, “Endless Love”?

BREAKING: Trump raised tariffs on the world, the markets, particularly the bond market — which we need to finance our debt–rebelled. Trump then was forced to back off. End of story. Film at 11 of the president spinning this as a major victory. Ok sorry, I couldnt help myself. But what we have seen is a little lesson on how markets exert their power, how when you have to depend on them as we still do (and remember its really the budget deficit thats causing the trade deficit and we need the budget deficit to maintain our standard of living) you cant go to trade war with the world without bad stuff happening

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Roger Friedman
Roger Friedmanhttps://www.showbiz411.com
Roger Friedman is the founder and editor-in-chief of Showbiz411. He wrote the FOX411 column on FoxNews.com from 1999 to 2009 and previously edited Fame magazine and wrote the "Intelligencer" column at New York magazine. His bylines have appeared in The New York Times, The Washington Post, the New York Daily News, the New York Post, Vogue, Details, and the Miami Herald. He is a voting member of the Critics Choice Awards (Film and Television branches), and his movie reviews are tracked by Rotten Tomatoes. is articles have appeared in dozens of publications over the years including New York Magazine, where he wrote the Intelligencer column in the mid 90s and covered the OJ Simpson trial, and Fox News (when it wasn't so crazy) where he covered Michael Jackson. With D.A. Pennebaker and Chris Hegedus, he co-produced the 2002 documentary "Only the Strong Survive," which screened at Directors' Fortnight at the Cannes Film Festival.

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