President Donald Trump is doubling down on his controversial tariffs strategy, urging Americans to “hang tough” as the stock market faces volatility.
In a Truth Social post, Trump claimed his plan is already delivering results, with over five trillion dollars flowing into the U.S. economy. “We are bringing back jobs and businesses like never before. THIS IS AN ECONOMIC REVOLUTION, AND WE WILL WIN,” he wrote.
Despite sharp declines in the S&P 500, Nasdaq, and Dow Jones, Trump remains confident that his tariffs will shrink the trade deficit, protect American industries, and boost domestic job creation. He urged Americans to “hang tough,” believing the strategy will have historic results.
In response to China’s retaliation, Trump imposed a 34% tariff on Chinese imports, asserting that China has been hit much harder than the U.S., and vowed the U.S. will no longer be a “whipping post.”