Trump: Tariff rollout ‘going very well,’ says markets will ‘boom’ amid slump
- Donald Trump stated that the tariff rollout is ‘going very well’ and predicted that the markets are going to boom amid economic challenges.
- He compared the tariff implementation to a major medical procedure, describing it as a significant event.
- Trump claimed that $6-$7 trillion is coming into the country, stating, 'We have never seen anything like it.'
- He noted that the announcement affected global markets, but stated that the reactions were anticipated.
73 Articles
73 Articles
Stock market reacts to President Trump’s tariffs
WASHINGTON (NEXSTAR) -- The stock market took a major hit Thursday after President Donald Trump announced sweeping new tariffs on U.S. imports. The administration says it's about bringing jobs back to the U.S. "It’s going to be a booming country,” President Trump said. Get the latest news, weather, sports and entertainment delivered right to your inbox! The plan includes a 10% baseline tariff on imports from all U.S. trading partners, with…
Donald Trump Says 'Market Is Going To Boom,' Claiming '$6-7 Trillion' Worth Of Inflows Will Come After The Worst Selloff Since 2020 - Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), SPDR S&P 500 (ARCA:SPY)
Despite a bloodbath on Thursday following the tariff announcements on several U.S. trading partners, President Donald Trump dismissed the concerns while talking to reporters before boarding Air Force One for his Miami visit. What Happened: President Trump compared the decline in the stock market to a patient’s operation and said, “I think it’s going very well, it was an operation… It’s a big thing. I said this would be exactly the way it is. We …
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