Newsmax CEO Christopher Ruddy shared details of a lengthy conversation with the U.S. President Donald Trump, revealing key elements of Trump’s economic plan, in a post on X. Following Newsmax’s successful IPO on the NYSE, Trump congratulated Ruddy on the milestone. He, then, outlined his strategy to address trade imbalances with China and the EU, emphasizing that tariffs are just one piece of a larger vision
Had lengthy call with @realdonaldtrump yesterday.
— Christopher Ruddy (@ChrisRuddyNMX) April 4, 2025
POTUS congratulated me on Newsmax’s (NMAX) successful IPO this week on NYSE.
Can’t reveal all details but here’s what you need to know:
TARIFFS are just one part of Trump Econ Plan.
US is showing RESOLVE to China, EU,…
According to Ruddy, Trump’s five economic pillars — cutting taxes, deregulation, cheaper oil, lower interest rates, and better trade deals — are set to flood the U.S. economy with massive cash. While tariffs are being introduced to balance trade, the full effects will take time, Ruddy noted, underscoring that under Trump, no deal will be a “loser.”