What Did Trump Say About Tariffs and Market Crash..

Washington : In a striking statement amid growing global market turmoil, former U.S. President Donald Trump has addressed the impact of new tariffs that have led to a sharp crash in stock markets. Speaking to reporters, Trump commented on the uncertainty surrounding future developments, stating, “What will happen next? I don’t know.” His remarks come as international investors and economies react strongly to retaliatory trade tariffs introduced during escalating trade tensions.

Trump acknowledged the recent plunge in the financial markets, saying that sometimes harsh measures are necessary to bring about long-term correction. “Sometimes, you need to take medicine to fix things,” he said, using the analogy of bitter medicine to describe the economic disruptions triggered by trade policies. The U.S. stock market, along with several Asian and European exchanges, saw significant drops, with the Dow Jones Industrial Average falling sharply last week and continuing into Monday’s trading.

The global sell-off has been attributed to fears that rising tariffs between the U.S. and its trading partners, particularly China, could lead to a full-blown trade war. Investors are concerned about the long-term effects such policies could have on global supply chains, corporate earnings, and consumer prices. Many experts have warned that if the situation continues to escalate, it could slow down global economic growth and destabilize emerging markets.

Despite the turbulence, Trump defended his position, insisting that these measures are necessary to protect American industries and jobs. He emphasized that the U.S. has been taken advantage of for too long by other nations through unfair trade deals and that the time has come to “correct the course.” However, critics argue that the strategy might backfire, pushing inflation higher and causing financial uncertainty for both businesses and consumers.

Meanwhile, the White House remains tight-lipped on whether there will be any immediate rollback or further increases in tariffs. Economic advisors have hinted at negotiations behind the scenes but offered no concrete details. For now, markets continue to operate under a cloud of uncertainty, with investors closely watching for any new developments.

Trump’s comments have only added to the volatility, as market players struggle to interpret the future of U.S. trade policy and its impact on the world economy.