Steve Eisman, the investor known from The Big Short, recently expressed support for President Donald Trump’s tariff strategy.
Eisman told CNBC that if “reasonable heads prevail,” Trump could secure major trade wins, noting the U.S. has more leverage than its partners. He explained that exports make up only 11% of U.S. GDP, compared to 30% for the EU and 35% for Canada and Mexico.
He argued that countries heavily dependent on U.S. trade have little choice but to comply with Trump’s demands. Eisman also dismissed panic from media and market analysts over Trump’s tariffs, adding that Trump is delivering on his campaign promises.
Recent polling shows Trump’s approval rating rising to 53%, with strong gains among young voters, Democrats, independents, and black voters—boosted by optimism from small business owners.