United States President Donald Trump on Friday reiterated his commitment to his economic policies, declaring that “my policies will never change,” despite the recent decline in U.S. stock markets following his tariff strategy.
“To the many investors coming into the United States and investing massive amounts of money, my policies will never change,” Trump stated on Truth Social. “This is a great time to get rich, richer than ever before!!!”
The controversy began on Wednesday when Trump imposed tariffs on several major U.S. trading partners, leading to a significant market downturn and sparking threats of retaliation.
In response, China announced a 34% tariff on U.S. imports, set to take effect on April 10. The European Union is also expected to introduce similar measures.
Trump criticized China’s reaction, posting, “China played it wrong, they panicked – the one thing they cannot afford to do!”
He has consistently portrayed tariffs as a necessary move to reset trade relations, asserting that the United States has been “looted, pillaged, raped and plundered by nations near and far, both friend and foe alike.”
While similar policies have historically faced criticism for their economic impact, Trump remains steadfast, insisting that his tariff strategy will help restore American manufacturing jobs.
To mark the introduction of the tariffs, the White House hosted a celebratory event dubbed “Liberation Day” in the Rose Garden.
However, the markets reacted negatively, with the Dow Jones Industrial Average plunging by 1,700 points on Thursday, marking its worst day since March 2020.
Amid the market turmoil, Trump pointed to a strong March jobs report as evidence that his policies are proving effective. The report revealed that the U.S. economy added 228,000 jobs, although the data was collected before the tariff measures were announced.
“Hang tough, we can’t lose!!!” Trump encouraged, emphasizing his confidence in the long-term benefits of his economic approach.
