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‘The President Is in a Hell of a Pickle Right Now,’ Warns Axios Founder as Trump Faces Backlash Over Economy

By Jake Beardslee · April 17, 2025

Trump's Economic Strategy Under Fire Amid Legal Turmoil

As President Donald Trump grapples with mounting legal challenges, his economic policies—particularly the ongoing tariff war—are facing renewed scrutiny. Axios co-founder Jim VandeHei, speaking on MSNBC’s "Morning Joe", painted a grim picture of Trump’s current predicament, describing it as largely self-inflicted.  The White House / Wikimedia

VandeHei: CEOs, Investors Pressuring Trump Over Tariff Instability

“I think the president blinked in a pretty substantial way last week because of this pressure,” VandeHei noted, referencing intense pushback from corporate America. “It’s pressure from CEOs. It’s pressure from investors.” He explained that business leaders are struggling with the instability Trump's trade policies have introduced. “If you're running a business … the last thing you want is unpredictability,” he said. “There’s a tremendous amount of unpredictability.”  Thomas Parker / Pexels

Market Uncertainty Mounts: 'Trump Is in a Hell of a Pickle'

The uncertainty has led to delayed shipments, hiring freezes, and hesitancy across markets—rippling effects that are ultimately felt by consumers. According to VandeHei, “The president is in a hell of a pickle right now, and I don’t actually know how he’s going to solve it.”  Kaboompics.com / Pexels

Proposed Free-Trade Bloc Faces Trust Issues from U.S. Allies

One potential solution, floated by Treasury Secretary Scott Bessett, involves leveraging the current turmoil to form a broad free-trade bloc with European and Asian allies—effectively isolating China economically. However, VandeHei was skeptical: “Okay, in theory, that sounds like a great idea,” he said. “Except for if you’re a European company or you’re a European country, or you’re South Korea or you’re Vietnam, do you trust that the United States now is a more trustworthy partner?”  THOMAS CORDY/THE PALM BEACH POST / USA TODAY NETWORK via Imagn Images

Trump’s Trade Playbook Faces Harsh Scrutiny as Doubts Grow

The remarks come at a time when Trump’s approach to global trade, once touted as a strength, is now under fire from analysts and media alike, with many questioning whether his strategy is sustainable—or salvageable.  Evan Lasseter/Savannah Morning News via USA TODAY Network / USA TODAY NETWORK via Imagn Images