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Despite Naysayers, Trump Says the Economy Will “Boom”

&NewLine;<p class&equals;"wp-block-paragraph">The man has a plan&semi; just sit tight and let it unfold&period; Despite the cries of gloom and doom from the left&comma; President Donald J&period; Trump says that the &&num;8220&semi;market is going to boom&period;&&num;8221&semi; The President made the comments soon after a Wall Street panic last week&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Trump compared the decline in the stock market to a patient’s operation and said&comma; &OpenCurlyDoubleQuote;I think it’s going very well&comma; it was an operation&&num;8230&semi; It’s a big thing&period; I said this would be exactly the way it is&period; We have &dollar;6-&dollar;7 trillion coming into our country&comma; and we have never seen anything like it&period;”<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">&OpenCurlyDoubleQuote;The market is going to boom&comma; the stock is going to boom&comma; the country is going to boom&comma; and the rest of the world wants to see if there is any way they could make a deal&comma;” he added&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">He made these claims soon after U&period;S&period; stocks had their worst one-day sell-off since 2020&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Citing the necessity to rectify the United States trade deficit&comma; Trump utilized a 1977 statute to officially declare a trade emergency&comma; subsequently introducing new tariffs&period; The President imposed a blanket 10&percnt; tariff on all trading partners and levied more duties on the countries he described as &OpenCurlyDoubleQuote;bad actors&period;”<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">It is worth noting that China&comma; Vietnam&comma; Cambodia&comma; and Sri Lanka are subject to the most severe tariffs&comma; whereas Canada and Mexico were exempted&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">After the realities of the new tariffs sank in&comma; Trump said&comma; &OpenCurlyDoubleQuote;Every country is calling us&period; That’s the beauty of what we do&period; If we would have asked these countries to do us a favor they would have said no&period; Now&comma; they will do anything for us&period;&&num;8221&semi;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">After the concerning Wall Street meltdown&comma; Trump wrote in a post on Truth Social that his plan is already working&comma; with trillions of dollars already being poured into the U&period;S&period; economy&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">&&num;8220&semi;We are bringing back jobs and businesses like never before&period; Already&comma; more than FIVE TRILLION DOLLARS OF INVESTMENT&comma; and rising fast&excl; THIS IS AN ECONOMIC REVOLUTION&comma; AND WE WILL WIN&comma;&&num;8221&semi; Trump wrote&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">Despite taking heat from the left and even some members of his own party&comma; Trump remains defiant that his plan will work in the long term as he aims to reduce America&&num;8217&semi;s trade deficit with other countries&comma; protect American industries and bolster jobs by encouraging companies to move manufacturing back to the U&period;S&period;<&sol;p>&NewLine;&NewLine;&NewLine;&NewLine;<p class&equals;"wp-block-paragraph">&&num;8220&semi;HANG TOUGH&comma; it won&&num;8217&semi;t be easy&comma; but the end result will be historic&comma;&&num;8221&semi; Trump wrote&period; &&num;8220&semi;We will MAKE AMERICA GREAT AGAIN&excl;&excl;&excl;&&num;8221&semi; Trump wrote&period;<&sol;p>&NewLine;

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