After President Trump’s tariff announcement over $2.8 trillion was wiped from the stock market.
This from 100percentfedup.com.
PRESIDENT TRUMP: “The markets are going to boom. The stock is going to boom. The country is going to boom — and the rest of the world wants to see is there any way they can make a deal.” pic.twitter.com/gwC3WSyzIM
— Trump War Room (@TrumpWarRoom) April 3, 2025
In response to the red market, Trump stated:
The markets are going to boom. The stock is going to boom. The country is going to boom—and the rest of the world wants to see is there any way they can make a deal.
BREAKING: Donald Trump was just asked about the stock market’s reaction to his tariffs.
He responded: “It’s going very well”
Trump added: “The market is going to boom” pic.twitter.com/r5cTn4bzG1
— unusual_whales (@unusual_whales) April 3, 2025
From The New York Post:
President Trump brushed off a steep stock market plunge Thursday following the announcement of his ‘reciprocal’ tariffs—saying he expected a reversal of the brutal impact of his new fees on most imported goods.
‘I think it’s going very well. It was an operation like what a patient gets operated on, and it’s a big thing,’ Trump told reporters on the White House lawn.
‘I said this would exactly be the way it is. We have six or $7 trillion coming in to our country, and we’ve never seen anything like it. The markets are going to boom, the stock is going to boom, the country is going to boom.’
US stock markets close to sea of red
Over $2.8 TRILLION wiped out after Trump’s tariffs announcement
WORST day in market since June 2020 https://t.co/YmInoonMhD pic.twitter.com/GCPvH83wl8
— RT (@RT_com) April 3, 2025
From CNN:
Global markets closed sharply down Thursday and the dollar wiped out all gains since President Donald Trump’s reelection in November.
The Dow fell 1,679 points, or 3.98%. The broader S&P 500 was down by 4.84% and the tech-heavy Nasdaq plunged 5.97%. All three major indexes posted their biggest single-day drop since 2020.
The selloff came after Trump announced Wednesday that a slew of hefty new tariffs would be imposed on practically all goods coming into the United States. That sparked fears that the new policy could trigger significant backlash from trading partners, take down the global economy and spike prices for US consumers on almost all imported goods.
Trump shrugged off the market reaction Thursday, telling reporters, ‘I think it’s going very well.’
‘The markets are going to boom, the stock is going to boom, the country is going to boom,’ he said. ‘I think it’s going to be unbelievable.’
Now a quick review of The Trump Plan and the rationale for what President Trump has in mind for America (from The X22 Report podcast, Episode 3611a):
– The Federal Reserve Act of 1913 established the Federal Reserve System as the central bank of the United States–which was unconstitutional,
– In August 1971, President Richard Nixon took the U.S. dollar off the gold standard, meaning the greenback was no longer convertible into bullion. Overnight, the dollar became a free-floating currency, measurable only by comparing it to other world currencies—this too was not what our founding fathers intended,
– Reaganomics was a good start at fixing the U.S. economy but Regan did not complete his work and as soon as he was out of office the globalist deep state put their system back into place,
– The globalist system was designed to send America’s wealth everywhere else and to turn America into a third-world country,
– By the mid 1970s, the globalist system was well entrenched in devaluing the dollar, sending manufacturing out of America where products were produced at a lower labor cost and returned tariff-free to be sold to unsuspecting Americans, meanwhile tariffs were placed unfairly on American goods,
– Trump is in the process of setting up a parallel economy which will eventually cause the globalist system to collapse, and as our president has stated: This is about removing the entire Federal Reserve Central Bank System and replacing it with a We the People-centered financial system, and
– Short-term pain will be felt by some, not all, but the pain will not be as severe as when Nixon took us off the gold standard in 1971.
Below is the transcript (in part) of Donald Trump’s speech in West Palm Beach Florida, October 13, 2016, in which he spelled out his plan. Keep in mind, everything Trump promised in 2016 is taking place now:
Our movement is about replacing a failed and corrupt…political establishment, with a new government controlled by you, the American people. There is nothing the political establishment will not do—no lie that they won’t tell, to hold their prestige and power at your expense. And that’s what’s been happening.
The Washington establishment and the financial and media corporations that fund it exist for only one reason: to protect and enrich itself. The establishment has trillions of dollars at stake in this election. As an example, just one single trade deal they’d like to pass involves trillions of dollars, controlled by many countries, corporations and lobbyists.
For those who control the levers of power in Washington, and for the global special interests, they partner with these people that don’t have your good in mind. Our campaign represents a true existential threat like they haven’t seen before.
This is not simply another four-year election. This is a crossroads in the history of our civilization that will determine whether or not we the people reclaim control over our government. The political establishment that is trying to stop us is the same group responsible for our disastrous trade deals, massive illegal immigration and economic and foreign policies that have bled our country dry.
The political establishment has brought about the destruction of our factories, and our jobs, as they flee to Mexico, China and other countries all around the world. Our just-announced job numbers are anemic. Our gross domestic product, or GDP, is barely above 1 percent. And going down. Workers in the United States are making less than they were almost 20 years ago, and yet they are working harder.
But so am I working harder, that I can tell you.
It’s a global power structure that is responsible for the economic decisions that have robbed our working class, stripped our country of its wealth and put that money into the pockets of a handful of large corporations and political entities. Just look at what this corrupt establishment has done to our cities like Detroit; Flint, Michigan; and rural towns in Pennsylvania, Ohio, North Carolina and all across our country. Take a look at what’s going on. They stripped away these town bare. And raided the wealth for themselves and taken our jobs away out of our country never to return unless I’m elected president.
The Clinton machine is at the center of this power structure. We’ve seen this first hand in the WikiLeaks documents, in which Hillary Clinton meets in secret with international banks to plot the destruction of U.S. sovereignty in order to enrich these global financial powers, her special interest friends and her donors.
….
This election will determine whether we are a free nation or whether we have only the illusion of democracy, but are in fact controlled by a small handful of global special interests rigging the system, and our system is rigged. This is reality, you know it, they know it, I know it, and pretty much the whole world knows it. The establishment and their media enablers will control over this nation through means that are very well known. Anyone who challenges their control is deemed a sexist, a racist, a xenophobe, and morally deformed.
They will attack you, they will slander you, they will seek to destroy your career and your family, they will seek to destroy everything about you, including your reputation. They will lie, lie, lie, and then again they will do worse than that, they will do whatever is necessary. The Clintons are criminals, remember that. They’re criminals.
….
God speed to the Trump-Vance team.