After going on a long rant over the tariff war, Dave Portnoy finally hugged Donald Trump.
Despite clearly showing no love lost between the two, Portnoy took a u-turn and went on to embrace the U.S. President at UFC 314.
Portnoy, the founder of Barstool Sports, revealed that he had incurred nearly $20 million in losses due to the market’s downturn linked to these tariffs. His critique included a specific mention of Trump’s decision to go golfing in Florida while the economy was struggling.
Despite their cordial interaction, Portnoy had recently expressed concerns over Trump’s trade and tariff policies, which he believes have significantly affected the stock market negatively.
Dave Portnoy cried all week about Trump’s tariffs, even going as far as to say he would vote Democrat next election.
— johnny maga (@_johnnymaga) April 13, 2025
Tonight, he’s fanboying over Trump. Lmao. pic.twitter.com/wENTCrtJUR
While Portnoy has generally supported Trump, he quickly switched his political alignment if the economic situation doesn’t improve.
He mentioned that he had never been an extreme supporter of Trump and pointed out the discomfort he felt when facing significant investment losses.
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Aside from the political and economic discussion, Portnoy engaged with other personalities at the event. He also greeted Shaquille O’Neal and expressed his excitement for British fighter Paddy Pimblett.
Also Read: Dave Portnoy Accuses MLB Team Of Blatantly Cheating In Furious Rant
Dave Portnoy Earlier Called Out Donald Trump For Losing Money Amid Tariff War
Dave Portnoy, the founder of Barstool Sports, has expressed significant dissatisfaction with Donald Trump. Although Portnoy has previously supported Trump. He has been adversely affected by the financial fallout following Trump’s announcement of sweeping tariffs.
“So Trump rolls out the tariffs, right? And it destroys the stock market. People are comparing it to all these other crashes; this one’s the only one I can think of that’s like man-made,” Portnoy said.
Davey Day Trader Presented by @krakenfx – April 7, 2025 https://t.co/xQLaexVOUz
— Dave Portnoy (@stoolpresidente) April 7, 2025
After the tariffs were implemented, Portnoy suffered an initial loss of $7 million, which escalated to a staggering $20 million by the following Monday. He referred to that day as “Orange Monday,” a play on the term “Black Monday.”
Also Read:Dave Portnoy Slams Final Four Hotel For Committing ‘Legit Crime’
