From the Daily Caller: Home Depot co-founder Ken Langone admitted Tuesday that previous concerns over President Donald Trump’s tariff policy were unfounded, saying he was “sold” on the president.
Langone’s comments came during an appearance on “Squawk Box” shortly before the Bureau of Labor Statistics reported the Consumer Price Index (CPI) rose by 2.7% year-over-year in June, roughly in line with expectations. Langone admitted he’d felt trepidation about the tariffs, having called them “bullshit” after Trump first announced them in April.
“I think, damn it, give Trump credit, his instincts are good,” Langone said. “Some of these things need to be fixed. Take, take Germany, take Japan. God bless America, 80 years ago, when the war was over, we made our mind up, we’re not going to be the conquering hero. We’re going to go in and help these countries rebuild themselves. And we did. To our credit, we did.”
“Japanese, Japan. Look at what happened. They’re on their feet now,” Langone continued. “There aren’t many American cars sold in Germany, but whatever’s sold in Germany, there’s a 10% tariff. Every other car in America is a Mercedes. I got a Mercedes. I got an Audi. I can name you all the cars we drive, most of them are foreign. Now, they sell a hell of a lot more cars here than we do there, 2.5% tariff. That’s wrong.”
He noted the unfair imbalance of the auto industry, saying there are more foreign cars sold in the U.S. that American-made cars.
Legendary Home Depot founder Ken Langone: “Initially, my concern was I don’t like tariffs. However, I think — damn it, give Trump credit. His instincts are good. Some of these things need to be fixed.” pic.twitter.com/9nOZ6cAM4d
— Rapid Response 47 (@RapidResponse47) July 15, 2025
“I am sold on Trump. In fact, I’ll say this… I think he’s got a good shot at going down in history as one of our best presidents ever,” Langone declared.
LANGONE: “I am sold on Trump … I think he’s got a good shot at going down in history as one of our best presidents ever.”
CNBC: “That is a real turnaround because you didn’t want to vote for him!”
LANGONE: “When you made a mistake, admit it.”
🔥🔥🔥 pic.twitter.com/8UZN5fyMpX
— Rapid Response 47 (@RapidResponse47) July 15, 2025
“I have never been more excited about the future of America than I am right now,” Langone said at the beginning of the interview, adding, “Like it or not, this guy’s getting things done.”
“He’s acting presidential, and I’m impressed with the people he’s got around him,” Langone added, referring to President Trump. He praised Trump for the airstrike on Iran.
Langone also praised the recently-passed “Big Beautiful Bill,” saying he believes it’s going to trigger economic growth.
“I wish I could figure out a way to live another 90 years, because I believe the best is yet to come,” he said. Langone will turn 90 on September 16.
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