Trump Responds To Market Turmoil Over Tariffs: ‘Going Very Well’

https://www.newsweek.com/trump-responds-market-turmoil-tariffs-2055053

by SPXQuantAlgo

29 comments

  1. Trump bragged about being “the king of bankruptcies” and yet ~45% Americans still believed he was good at business and economics.

    Absolute insanity. Something needs to be done.

  2. “A reporter asked Trump how he thinks things are going as U.S. markets continue plunging in response to his tariffs, which were announced on Wednesday.

    “I think it’s going very well,” Trump replied. “It was an operation, like when a patient gets operated on and it’s a big thing. I said this would exactly be the way it is. We have six or seven trillion dollars coming into our country and we’ve never seen anything like it.”

    He added: “The markets are going to boom, the stock is going to boom, the country’s going to boom. And the rest of the world wants to see, is there any way they can make a deal. They’ve taken advantage of us for many, many years. And many years we’ve been at the wrong side of the ball and I’ll tell you what, I think it’s going to be unbelievable.”

  3. It is going very well for the millionaires waiting to buy at a low point!

  4. Its funny lick nut went from saying with the revenue from tariffs they could get rid of income tax on people under 150,000 .. Now he’s saying it will “lower” income tax. Lol

  5. Damn Trump really is an overachiever, I though it would take more time for the Americans to reach the find out part of the fafo equation, The dude speedrun the depression in 2 months.

  6. https://www.nist.gov/mep/about-nist-mep

    >NIST MEP’s mission is to enhance the productivity and technological performance of U.S. manufacturing.

    >As a public-private partnership, the MEP National Network helped manufacturers achieve $15 billion in new and retained sales, $5 billion in new client investments, $2.6 billion in cost savings and over 108,000 jobs created or retained in fiscal year (FY) 2024.

    Trump just cut this program yesterday.

  7. That bastard waited for the markets to close before making the announcement so all small investors couldn´t get out of their stocks anymore and had to take huge losses, while the big players all were able to short/dump their stocks!

  8. As a leftist to communist, it’s going very well indeed… destroying the Evil Empire from within.

  9. I REALLY wonder what his die hard supporters with retirement investment (401k) think. I live in NYC and I really want to run into some finance people who voted for him just to ask them about their stocks 

  10. Ok. Just imagine what “it’s going badly” looks like…….

  11. Things were going very well for the Titanic too…Denial, it’s not just a river in Egypt.

  13. Every country capable of retaliating should band together in a united way to impose extremely high tariffs on Tesla and the Red states’ products like Canada did. Canada won trade war by so doing, so EU and other countries should follow suit to force Trump to back down to avoid a global recession and even depression.

  14. Going well *for him*. The orange asshole probably had puts at the ready.

  17. Should I put tariffs on my local super market? There’s a clear trade deficit!!

  18. At this point it’s pretty clear he’s just trying to manipulate the markets.

    Otherwise he would just have introduced global tariffs at once and be done.

    But no he introduces tariffs for Canada, he goes back, now Mexico, goes back again, now the EU maybe, now Canada and Mexico again, now everyone…

    He’s probably just manipulating the markets and selling insider info on when and where.

  21. So in a year when the stock market has dumped even harder I wonder what the excuse is going to be then.

  24. Trump is running the country like I ran my city in SimCity when I was bored of playing. Throw as many disasters as I could at my citizens to see what happens.

  25. Well, he’s not wrong… the destruction of the United States is going very well.

  26. Putin is pleased with this fuck. It is all going well for him. Going very well.

  28. Dominion got $787 from Fox as compensation for knowingly lying to their audience about election fraud. Surely the voters will be compensated for the economic damage caused by Fox News’ misleading coverage of Trumps tariff plans.

  29. A fuckwit in charge of a fuckwit nation…seems about right to me.

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