WASHINGTON: President Donald Trump defended the US economy on Monday despite markets falling globally and nationally.
He posted on Truth Social, insisting the economy is strong and tariffs are bringing in large revenues.
“Oil prices are down, food prices are down, and there is NO inflation,” Trump wrote confidently.
He blamed the Federal Reserve for moving too slowly on cutting interest rates to stimulate the economy.
Trump emphasized that the US is earning billions weekly from tariffs already imposed on foreign nations.
Tariffs Justified
He said these tariffs are helping the US recover from years of exploitation by foreign countries.
Trump mentioned China specifically, calling it “the biggest abuser” for its high tariffs and trade practices.
He noted China had raised tariffs by 34%, despite his warnings against retaliatory measures.
The president said past leaders allowed countries like China to take advantage of the US.
He repeated his slogan, urging Americans to “MAKE AMERICA GREAT AGAIN” through tough trade enforcement.
Market Struggles
Despite Trump’s optimism, US markets are experiencing their worst start under any president in modern history.
Investors are nervous as trade tensions escalate, pushing stocks downward and raising economic fears.
Some experts say the market drop reflects concern over prolonged trade wars and global instability.
Trump insists the country is financially stable and tariffs will correct past economic imbalances.
He argues short-term losses are necessary for long-term national gain and economic independence.
Mixed Messaging
Trump told reporters on Air Force One that he doesn’t want markets to crash or struggle.
However, he compared the economic situation to taking medicine — painful but needed for healing.
His message was mixed, reassuring while defending aggressive policies on trade and tariffs.
He did not confirm whether he was willing to renegotiate current tariff strategies with China.
The administration remains unclear about its next move in the ongoing trade conflict.
Blame on Others
Trump criticized former US presidents for allowing the country to be economically abused for decades.
He said foreign nations have taken advantage of weak policies and lenient trade agreements.
According to Trump, his tough stance on tariffs is reversing long-standing damage to the economy.
He pointed to growing revenue from tariffs as proof of success, even amid market instability.
The president described China’s retaliation as a predictable move and said the US is prepared.
China in Focus
China’s market struggles intensified after it hiked tariffs in response to US measures.
Trump described China’s tariffs as “ridiculously high” and accused the country of long-term economic abuse.
He warned nations not to retaliate but remains committed to holding them accountable when they do.
Analysts say the situation could worsen if both sides refuse to compromise or de-escalate.
Trump sees tariffs as both a revenue source and a tool to balance global trade relationships.
Public Reactions
Critics argue Trump’s approach is hurting consumers, farmers, and investors in the short term.
Supporters believe the strategy will eventually lead to fairer deals and economic resilience.
Trump insists American strength lies in its willingness to act boldly in the face of pressure.
He believes current sacrifices will result in stronger national industries and better global trade terms.
His communication style remains bold, direct, and focused on restoring what he sees as fairness.
Political Implications
This tariff policy may shape the upcoming election debates and voter confidence in economic leadership.
While markets continue to tumble, Trump’s base applauds his defiance against global economic adversaries.
The White House maintains that tariffs are working, despite criticism from financial experts.
Trump doubled down on his position, saying the country’s future justifies today’s economic uncertainty.
For now, markets react nervously, while the president defends his aggressive trade policy proudly.
