The co-founder of retail giant Home Depot said he is ‘sold on Trump’ after slamming the president’s tariffs as ‘bulls***’ months ago.
Billionaire Ken Langone made the surprise about-face during an interview on CNBC’s Squawk Box Tuesday, adding that Trump ‘has a good shot at going down in history as one of our best presidents ever.’
Langone, 89, had previously said that he was afraid Trump would spend the next four years ‘getting even,’ admitting he made a ‘mistake.’
‘I’m happy to say I’m comfortable – he’s not doing that,’ Langone said Tuesday.
The mogul, who had been asked on the show about recent movements in the markets, explained that he’s never ‘been more excited about the future of America.’
‘People are walking with more bounce,’ he said.
On Monday, stocks recorded gains a day after Trump announced tariffs targeting the European Union and Mexico. Both are the US’s top trade partners.
The president also vowed the US would impose 100 percent tariffs on countries that engage in trade with Russia if there is no peace deal in Ukraine within 50 days – prompting little more than a shrug on Wall Street, where the S&P 500 was sent to near a record high.
Billionaire Ken Langone made the surprise about-face during an interview on CNBC’s Squawk Box Tuesday, sayingthat Trump ‘has a good shot at going down in history as one of our best presidents ever’
In April, Langone described Trump’s tariffs on Vietnam as ‘bulls***’ and levies against China ‘too aggressive, too soon’
Back in April, markets – and moguls – recoiled at Trump’s proposed tariffs.
‘[Trump’s] a little pissed off at me because I had the audacity to to say on television about two months ago that I was worried he would engage in retribution,’ he told Squawk Box co-hosts Joe Kernen, Becky Quick, and Andrew Ross Sorkin.
In April, Langone described Trump’s tariffs on Vietnam as ‘bulls***’ and levies against China ‘too aggressive, too soon,’ in an interview with the Financial Times.
‘I don’t understand the goddamn formula,’ he said at the time.
Langone reversed course on Tuesday, saying Trump was ‘acting presidential’ and that he was ‘impressed’ with the people the president has got around him.
Mentioning the strike on nuclear facilities in Iran and how it had ‘had significant symbolic meaning’ for the world, Langone added: ‘I think the American people are waking up.’
‘I think the world is a mess, but it’s coming more in our direction than it was,’ he said.
He added that ‘America is here, and when our interests are at risk, we’re going to do something about it.’
Of Trump, he stated: ‘Like it or not, this guy’s getting things done.’
!['[Trump's] a little pissed off at me because I had the audacity to to say on television about two months ago that I was worried he would engage in retribution,' he told Squawk Box co-hosts Joe Kernen, Becky Quick, and Andrew Ross Sorkin](https://i.dailymail.co.uk/1s/2025/07/16/14/100364495-14910987-image-a-17_1752673962635.jpg)
‘[Trump’s] a little pissed off at me because I had the audacity to to say on television about two months ago that I was worried he would engage in retribution,’ he told Squawk Box co-hosts Joe Kernen, Becky Quick, and Andrew Ross Sorkin
CNBC stock analyst Jim Cramer declared Home Depot a good buy on Tuesday, due to a recent uptick in home equity withdrawals aimed at funding renovation projects
Langone also said the president’s newly passed Big Beautiful Bill has a good chance of triggering ‘significant economic growth’ for the country.
‘Let me tell you right now – I am sold on Trump,’ he continued.
‘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.’
CNBC stock analyst Jim Cramer declared Home Depot a good buy on Tuesday, due to a recent uptick in home equity withdrawals aimed at funding renovation projects.
For now, the company’s are down roughly 8 percent year-to-date. Shares dipped 2 percent Tuesday in afternoon trading.
