Wall Street Journal Delivers Reality Check To MAGA: ‘Maybe Hold The Euphoria’

The Wall Street Journal on Monday urged caution among Donald Trump supporters who are all whipped up over his sweeping new tariffs on imports from other countries.

In an op-ed titled “The Trump Economy Stumbles,” the newspaper’s conservative-leaning board said the “triumphalism is palpable in MAGA land.”

“But maybe hold the euphoria, as this week’s reports on jobs and the economy suggest the new golden age may take a while to appear,” it warned.

The board pointed to sluggish hiring, a stalled (promised by Trump) revival in U.S. manufacturing and a shrinking foreign-born workforce ― fueled by the Trump administration’s immigration crackdown ― as signs of trouble.

While it acknowledged it’s difficult to pinpoint the exact impact of Trump’s on-off-on-off tariff hikes, it argued the uncertainty it caused is also likely to blame.

Trump could help by “stopping his trade war” or “declaring that he’s content with where they are and has no plans for more,” the board concluded.