President Trump stood by his « Liberation Day » reciprocal tariff package Friday after China hit back with a 34% tariff on US goods, promising investors that his « policies will never change. »
President Trump stood by his “Liberation Day” reciprocal tariff package Friday after China hit back with a 34% tariff on US goods, promising investors that his “policies will never change.”
In a string of all-caps Truth Social posts, the president argued his duties will withstand the test of the markets, which plunged yet again in the first hour of Friday trading.
“CHINA PLAYED IT WRONG, THEY PANICKED – THE ONE THING THEY CANNOT AFFORD TO DO!” he wrote.
In an earlier post, the president told “THE MANY INVESTORS COMING INTO THE UNITED STATES AND INVESTING MASSIVE AMOUNTS OF MONEY, MY POLICIES WILL NEVER CHANGE.
“THIS IS A GREAT TIME TO GET RICH, RICHER THAN EVER BEFORE!!!”
The Dow Jones Industrial Average plunged more than 1,400 points in the first 70 minutes of trading Friday, as investors anticipated more retaliatory tariffs from foreign countries in response to Trump’s Wednesday announcement.
