Jeanine Pirro dismisses concerns over 401(k)

Fox News host Jeanine Pirro made a surprising statement on Thursday. She expressed a lack of concern over her retirement savings after President Trump imposed new tariffs, which led to market turmoil. During an episode of “The Five,” she said, “This is what Donald Trump ran on, and he’s delivering. And you know what? I don’t really care about my 401(k) today. Do you know why? Not that I can afford it, not that it isn’t important, but this is what I believe.” Trump has introduced sweeping tariffs, from 10% to higher amounts, targeting imports from regions such as the European Union and China. The tariffs are reportedly intended to secure better trade terms and boost domestic manufacturing. The host emphasized her support for Trump, stating, “I believe in this man. It’s about time we recognized we’ve got to have manufacturing in this country, and we need to bring them [countries] to the table, and Donald Trump is the only one who can do it because he’s got the biggest consumer base in the world. He’s not afraid of anybody.” She further commented on the tariffs’ potential long-term benefits, particularly for the working class, stating, “In the end, it will help the working class.

Pirro dismisses concern over tariffs

And who’s complaining? Wall Street. Too bad. He’s helping the middle class. And finally,  Pirro said, “I think it’s going to be over this summer.” Another Fox News colleague, Harris Faulkner, echoed similar sentiments before Trump’s “Liberation Day,” encouraging people to adapt to the situation akin to wartime sacrifices. Financial experts suggest that those concerned about market volatility affecting their 401(k) balances should consult a professional. Jon DeMoss, a senior wealth advisor with Mission Wealth, commented, “Maybe you lean into the terms, and you rebalance your portfolio a little bit. Or if it’s really scaring you, maybe you adjust the risk level down a tad.” In response to Trump’s new tariffs, China has initiated a series of retaliatory measures. Despite the volatility, the U.S. economy showcased resilience, adding 228,000 jobs in March. Some analysts, like Jim Cramer, voiced frustrations, with Cramer stating that Trump’s tariffs made him “feel like a sucker. The situation remains fluid as global markets and domestic policies react to the evolving trade landscape. Image Credits: Photo by Picas Joe on Pexels