
President Donald Trump has downplayed the recent volatility in the stock market, emphasizing the need to focus on rebuilding the country. Speaking to reporters outside the White House, Trump stated, 'Markets are going to go up, and they're going to go down but, you know what, we have to rebuild our country. Our country has been stripped of its jobs, of its factories.' This statement comes amid a significant downturn in the financial markets, with the Dow Jones Industrial Average falling more than 2% and the Nasdaq dropping 4% on Monday, marking the worst trading day since 2022. Trump's comments were echoed by White House Press Secretary Karoline Leavitt, who described the market upheaval as a 'snapshot in time' and part of a 'period of economic transition.' The market's reaction is believed to be influenced by Trump's global tariff threats, including a 25% tariff increase on Canadian steel and aluminum in response to a similar tariff by the Ontario premier. Despite the immediate market declines, the Trump administration remains optimistic about long-term economic growth, with top economic adviser Kevin Hassett expressing bullish sentiments about the future economy. Senator Rand Paul has criticized the administration for not listening to market sentiment in its tariff decisions.
🚨🇺🇸TRUMP: MARKETS GO UP AND GO DOWN “But we have to rebuild our country. Our country has been stripped of its jobs, of its factories.” https://t.co/KGbue6qre8 https://t.co/58rJ4loM1P
Trump: "You're gonna have drops. Markets are gonna go up and they're gonna go up. But you know what? We have to rebuild our country. Our country has been stripped of its jobs." https://t.co/1TBl66n9H8
JUST IN: Trump says 'markets are going to go up and down, but we have to rebuild our country'
