Trump has long touted the market's success in office. Now, he's taking a different view as stocks have tumbled, with the S&P 500 having its worst day since September.

Summary

Trump previously touted the stock market as proof of his success, but he’s now downplaying the stock market as markets tumble due his tariffs imposed on Canada, Mexico, and China.

The S&P 500 has lost all gains since Trump’s election.

Critics warn tariffs risk recession and manufacturing setbacks, but Trump insists on a temporary “period of transition,” claiming tariffs will eventually “make our country rich again.”

The White House insists Trump’s economic policies will succeed long-term, despite warnings from investors and economists of significant economic disruptions ahead.

  • Dimmer@leminal.spaceEnglish
    0·
    7 days ago

    You know what’s funny is on this very day 10 years ago, Xi Jipin used the same excuse to removed term limits for himself.

    Based on where we are, i won’t be surprised this happens soon here.