JD Vance makes excuses for Trump as Fox News host hammers him on market 'freak out'

Vice President JD Vance said Thursday it will take some time for President Trump’s policy on tariffs and spending cuts to "fix things."

“We are not going to fix things overnight,” Vance admitted during an interview on Fox News.

The host asked him about the "disconnect" between markets that are "freaking out" and those who are celebrating the administration's policies.

“We know people are struggling. We’re fighting as quickly as we can to fix what was left to us, but it’s not going to happen immediately," he said.

Defending the administration's decision to impose sweeping tariffs on imports, Vance said the United States will "benefit from the fact that foreign countries can’t take advantage of us anymore.”

“Frankly, a lot of people have gotten rich from American jobs moving overseas,” the vice president said.

“But American workers have not gotten rich. And frankly, American companies have not gotten wealthy from the increasing growth of foreign competitors manufacturing overseas," he continued.

When asked about tech billionaire and Department of Government Efficiency (DOGE) head Elon Musk's future in the administration, Vance said Musk will remain a friend and adviser to him and Trump even after he leaves his role.

He said reports claiming that Musk would leave the administration imminently were "fake."

"DOGE has got a lot of work to do. And yeah, that work is going to continue after Elon leaves, but fundamentally, Elon is going to remain a friend and an adviser of both me and the president," the vice president said.

Vance said Musk signed up for about "six months" of work, but added that the administration's sweeping plans for the government are not going to "happen all in six months."

Musk is a "special government employee" who can only work 130 days per year.