Trump on Tariffs: Relax, I’m ‘Purposely Crashing the Market’
After President Trump announced sweeping tariffs this week, the financial markets saw their steepest one-day declines since 2020, Americans started panic buying everything from TVs to soy sauce, and financial analysts warned that we’re facing “economic Armageddon.” Like many people, I was feeling pretty jittery about the collapse of the post–World War II economic order. But then I took a look at Donald Trump’s Truth Social feed and learned everything is going exactly according to plan!
I’ll admit: I did not find the “truth” pinned to the top of Trump’s feed all that reassuring. It’s a video (replicated below on X) of the president declaring on Thursday that the markets are “going to BOOM” while in reality, they were doing the exact opposite:
I think it's going very well—The MARKETS are going to BOOM... pic.twitter.com/aDXwfR2tlZ
But after scrolling down........
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