Donald Trump is adamant about levying tariffs on nations, a strategy that he believes can get him to bolster the US economy and lessen its burden on it. At the same time, his tariffs have taken the world economy by storm, with trade war narratives bouncing to and fro. This development has plunged global markets, with major metrics and indices flashing deep red. However, Trump, in a new statement, added how he’s not bothered about the Wall Street/market crash, and this is precisely why.

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What Trump Thinks About The Wall Street

trump in oval office
Source: NY Post

In a new post on X, Trump shared his viewpoint, stating his priorities at the moment. Trump shared how he is proud to be the president for the workers rather than the president for the outsourcers. He later added how he’s a president who stands up for Main Street and not “Wall Street.”

He later added a few more statements concerning his aligned duties, adding how he’s adamant about protecting the middle class and is keen on protecting America in all its senses and purposes.

“I’m proud to be the president for the workers, not the outsourcers; the president who stands up for Main Street, not Wall Street; who protects the middle class, not the political class; and who defends America, not trade cheaters all over the globe.”

https://twitter.com/TrumpDailyPosts/status/1909784713847321085?t=GUW7C-IM3nPepWqc2rYIhA&s=19

His statement about “standing up for Main Street instead of Wall Street” mirrors his earlier stance on the recent market crash. Trump had reiterated a similar sentiment a few days back, emphasizing his need to fix the bigger issues.

Reporter: “Is there pain in the market at some point you’re unwilling to tolerate“? Trump: “I think your question is so STUPID. I don’t want anything to go down, but occasionally you have to take medicine to fix something—and we have been treated so BADLY by other countries. We have been treated so badly by other countries because we had stupid leadership that allowed this to happen! They took our businesses, our money, and our jobs. Moved it to Mexico, Canada, and China! It’s NOT sustainable. We’re NOT going to do it.”

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Market Mayhem Continues

The market briefly recovered yesterday before plunging to new lows. Donald Trump imposed another 104% tariff on China, which took the world by storm, putting the markets in a tizzy again.

“We now have: 1. Rapidly rising long-term interest rates 2. GDP set to decline for multiple quarters 3. Inflation data back on the rise 4. Largest wave of tariffs in 100+ years 5. Consumer sentiment at pandemic-levels 6. Stock market in a bear market. What does the Fed even do here?

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  • Donald Trump
  • market crash
  • Trump Tariffs
  • Wall Street