In the midst of common concern and despair over the potential for an economic downturn brought on by the government’s new levies, President Donald Trump delivered a provocative information to American on Monday. Trump urged Americans to be” strong, courageous, and physician” and no a” PANICAN” given the state of the economy right now.
Trump stated in a statement on Truth Social from the day of Monday that” the United States has a chance to do something that ought to have been done for a long time.” Don’t become a poor man! Don’t get foolish! Don’t be a PANICAN ( A new party based on Weak and Stupid people! ). Be Strong, Valiant, and Patient, and GREATNESS will be the end result.
Trump earlier on Monday demanded that the Federal Reserve lower interest rates, making the claim that there is” NO INFLATION” and that food prices are both down and interest rates are both over. Trump claimed that the long-abusive USA is bringing in billions of dollars a week from the attacking nations on taxes that are already in position.
” This is despite the fact that China, the biggest abuser of all, whose markets are crashing, just increased its Tariffs by 34 %, on top of its long-term, ridiculously high Tariffs ( Plus! ),” Trump continued,” Not acknowledging my notice for abusing states not to retaliate,” he continued. They’ve made enough money, for decades, exploiting the Great OL ‘ USA! Our country’s former “leaders” are to blame for allowing this, and many other things, to occur. “MAKE AMERICA GREAT AGAIN”
Videos: China retaliates with significant taxes after Trump reveals” Liberation Day” levies.
Trump’s positive comments on Truth Social, according to The New York Post, were unable to stop the stock market from continuing to fall on Monday. The report noted that the Dow Jones Industrial Average, the P 500, and the S&P 500 all dropped more than 2 % during the beginning session of the market on Monday. By 10 a.m., the New York Post reported that the Nasdaq had fallen by 1.65 %.
A false statement that the 47th leader was planning to adopt a 90-day delay of the president’s tariffs was published on Monday morning, according to The Associated Press, which resulted in a temporary upsurge in the stock market that was quickly dissipated once the Trump administration acknowledged that the statement was untrue.
A CNBC writer who confirmed Karoline Leavitt, the White House press director, described the price wait report as “fake information” was shared by the Trump government’s Rapid Response 47.
