April 4, 2025 - 10:00
President Donald Trump expressed a surprisingly upbeat outlook following a dramatic drop in the stock market, which saw the Dow Jones Industrial Average plummet over 1,600 points. This decline, the worst in years, was triggered by his recent announcement of tariffs affecting a broad range of countries, leading to a global market selloff reminiscent of the turmoil experienced during the COVID-19 pandemic.
As he departed the White House en route to a golf club in Florida, Trump asserted, “I think it's going very well,” despite the stark reality of the market's performance. He confidently predicted that the markets would rebound, stating, “The markets are going to boom, the stock is going to boom, the country is going to boom.”
His comments come at a time when many investors and analysts are grappling with uncertainty, raising questions about the long-term impact of his administration's trade policies. The juxtaposition of Trump's optimism against the backdrop of market volatility highlights the ongoing tension in U.S. economic policy.
