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President Donald Trump on Sunday attacked business leaders who are critical of his tariffs ― which is a large portion of business leaders ― as “bad at business.”
And he declared himself the “greatest friend” of capitalism.
But that led to some quick reminders about the president’s own decidedly mixed background as a businessman, including bankruptcies for some of his companies.
Trump wrote on his Truth Social website:
Donald Trump/Truth Social
Trump’s on-again, off-again tariffs and other trade war policies have caused stocks to plunge, with the Dow Jones Industrial Average losing nearly 5,000 points since he took office.
There’s also been a dramatic sell-off of the U.S. dollar.
Some have predicted a recession ― or worse ― as a result of Trump’s policies.
Critics were quick to point out all that and more, including Trump’s own track record in business:
Ah yes, Mr. Six-Time Bankruptcy is here to lecture actual businesspeople—who correctly understand that tariffs will crush their businesses and raise prices for consumers—that they are the ones bad at business. pic.twitter.com/xPGtDMjmTw
— Republicans against Trump (@RpsAgainstTrump) April 20, 2025The only responsible behavior of big US businessmen is to gang up & protest collectively against Trump's mad tariffs.
They do understand that Trump is seriously harming their companies & the whole US economy & they are responsible to their stakeholders. https://t.co/4BxT89STAq
I avoid financial tips from bankrupt individuals.
— BLOCKXS.COM (@blockxs) April 20, 2025How good a businessman is Donald Trump?
"Trump has great wealth, much of it made well over a decade ago from a few buildings he has retained in Manhattan, including his favourite on Fifth Avenue. But he has not yet created a great company, raised permanent capital on public… https://t.co/ICuhZH1ysN
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Ummmmm…. Mr. 6x Bankruptcy & 34x Convicted Felonious Fraudster is here to lecture actual businesspeople—who correctly understand that tariffs will crush their businesses and raise prices for consumers—that they are the ones bad at business. 🤷🏻♂️🤷🏻♂️🤷🏻♂️ pic.twitter.com/XFuGflRZIw
— Morgan J. Freeman (@mjfree) April 20, 2025"THE BUSINESSMEN WHO CRITICIZE TARIFFS ARE BAD AT BUSINESS, BUT REALLY BAD AT POLITICS. THEY DON'T UNDERSTAND OR REALIZE THAT I AM THE GREATEST FRIEND THAT AMERICAN CAPITALISM HAS EVER HAD!" pic.twitter.com/cBerCtzTsr
— Christian H. Cooper (@christiancooper) April 20, 2025
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