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EPISODE · Apr 4, 2025 · 1 MIN

Trump's confidence shines amid stock market turmoil

from GREY Journal Daily News Podcast

President Trump reported a positive outlook following a significant drop in the stock market, where the Dow Jones Industrial Average fell over 1,600 points due to his tariff announcement. He set a minimum tariff of 10% on numerous imports, including higher rates on specific goods from China and the European Union. Despite the market's negative reaction, Trump indicated this response was anticipated. He used a medical analogy to describe the U.S. economy as a patient needing surgery, suggesting short-term pain would lead to long-term gains. Trump anticipated substantial investments as companies look to manufacture domestically. He reiterated the use of tariffs as a negotiation tool to address perceived unfair advantages held by other countries. He expressed confidence in future economic developments during comments made aboard Air Force One and at a golf tournament in Doral, Florida. Learn more on this news visit us at: https://greyjournal.net/news/ Hosted on Acast. See acast.com/privacy for more information.

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