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‘Tariff to live here’: Trump says ‘big business’ is not worried because the market loses $ 5 trillion

US President Donald Trump on Friday stopped the market chaos and doubled his aggressive trade stance, claiming that it would eventually supercharges the US economy.
Writing on Truth Social, Trump said: “The big business is not worried about the tariff, because they know that they are to live here, but they are focusing on the big, beautiful deal, which will supercharges our economy. It is very important. It is very important !!!”

Truth social on trump

Wall Street received his comment after Wall Street was in the worst crisis since the Kovid -19 epidemic. S&P 500 declined by 6%, erasing $ 5 trillion in market price in just two days, while Dow Jones Industrial Average fell 5.5%and Nasdaq fell 5.8%, causing it to the bear market area. Effective from April 10, all American imports were sold after selling the new tariff of Trump with their own retaliatory duties after selling the new tariff.
ALSO READ: Since 2020, Trump’s Tariff War Trigger was triggered by Trump’s tariff war.
Despite the report of a strong jobs, the investor’s confidence was shaken by increasing Trade war And the possibility of a global recession. Trump was telling the followers, “This is a great time to be rich,” and emphasizing economic pain was part of an essential procedure to correct business imbalance. Compared to surgery, he suggested that temporary discomfort would give long -term benefits.
“China played this wrong, they got nervous – one thing they can’t do!” He wrote in another all-cap post. He also indicated progress with other countries, saying that Vietnam “wants to cut his tariffs up to zero if he is able to make an agreement with the US”
Markets were also battered abroad. Germany’s Dax fell 5%, France’s CAC 40 4.3%fell, and Nikkei 225 Sleid 2.8%of Japan. Meanwhile, the oil prices fell to their lowest level since 2021 and items such as copper saw a similar decline.
Jerome Powell, president of the US Federal Reserve, warned that tariffs could lead to “high inflation and low growth”, indicating caution on interest rate cuts. But Trump urged him to act, posting: “Stop playing interest rates, geom, and politics!”
Even companies such as GE Healthcare and Dupont took huge hits due to China’s counterers, Trump continued to draw a fast picture. “Only the weak will fail!” He said, as he spent the weekend golf at his Mar-e-Lago Resort in Florida.

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