President Trump has responded to the stock market tanking after he announced tariffs on dozens of countries.

After Trump’s tariff announcement over $2.8 trillion was wiped from the stock market.

In response to the red market, Trump stated, “The markets are going to boom. The stock is going to boom. The country is going to boom — and the rest of the world wants to see is there any way they can make a deal.”

Watch his response here:

Per The New York Post:

President Trump brushed off a steep stock market plunge Thursday following the announcement of his “reciprocal” tariffs — saying he expected a reversal of the brutal impact of his new fees on most imported goods.

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“I think it’s going very well. It was an operation like what a patient gets operated on, and it’s a big thing,” Trump told reporters on the White House lawn.

“I said this would exactly be the way it is. We have six or $7 trillion coming in to our country, and we’ve never seen anything like it. The markets are going to boom, the stock is going to boom, the country is going to boom.”

Per CNN:

Global markets closed sharply down Thursday and the dollar wiped out all gains since President Donald Trump’s reelection in November.

The Dow fell 1,679 points, or 3.98%. The broader S&P 500 was down by 4.84% and the tech-heavy Nasdaq plunged 5.97%. All three major indexes posted their biggest single-day drop since 2020.

The selloff came after Trump announced Wednesday that a slew of hefty new tariffs would be imposed on practically all goods coming into the United States. That sparked fears that the new policy could trigger significant backlash from trading partners, take down the global economy and spike prices for US consumers on almost all imported goods.

Trump shrugged off the market reaction Thursday, telling reporters, “I think it’s going very well.”

“The markets are going to boom, the stock is going to boom, the country is going to boom,” he said. “I think it’s going to be unbelievable.”

This is a Guest Post from our friends over at WLTReport. View the original article here.
 

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