CNN anchor Erin Burnett brutally roasted President Donald Trump for “tanking markets” with his trade war — then signaling a walk-back “so fast nobody thinks your word means anything at all.”
The stock market experienced steep declines this week as Trump’s tariffs against Canada, Mexico, and China took effect — and Trump continued to signal escalation. But Trump Commerce Secretary Howard Lutnick sent a different signal to Fox Business Channel, teasing some sort of compromise announcement one day into the trade war.
On Tuesday night’s edition of CNN’s OutFront, the host — a longtime financial journalist — was stunned at the turn of events:
ERIN BURNETT: Trump’s trade war tanking markets. Tonight the Dow down almost 700 points. That brings the two day loss for the Dow to 1200 points. Markets now lower than when Trump was sworn in.
And all of this as the president is about to head to the Capitol to speak …
![Lesson learned? -- Tim Somers [Video]](https://canadanewsvideo.com/wp-content/uploads/2024/11/mp_678419_0_673e37a6465ebpreviewjpg.jpg)
![Major Canadian food company says Canada tariff strategy will raise food prices [Video]](https://canadanewsvideo.com/wp-content/uploads/2025/05/mp_763088_0_0jpg.jpg)
![Canadian nuclear groups sign deal to power up partnerships [Video]](https://canadanewsvideo.com/wp-content/uploads/2025/05/mp_761779_0_DarlingtonNuclearTurbineHall3scalede1746558104708jpg.jpg)
![Trump and Canadian PM meet in DC to ease trade tensions | News [Video]](https://canadanewsvideo.com/wp-content/uploads/2025/05/mp_761896_0_681a5fc3eaefeimagejpg.jpg)
