Donald Trump said on Sunday that he did not deliberately tank the stock market, following his extremely tariff announcement last week, although the president said that it was OK if the Americans suffer from his economic policies.
Addressing journalists on Air Force One, Trump was asked if there was a level of pain on the markets that he was not willing to tolerate. He called this question “so stupid”, before saying, “I don’t want nothing to decline, but sometimes you have to take medication to repair something.”
He added, perhaps more optimistic, that “in the end it will straighten up, and our country will be solid and solid again.” The message was a gap from Trump shared, then new-playing, a link on social truth to a video saying that it “deliberately crushed the market”.
Trump announced refined prices that sent the markets tumbled on Thursday and Friday. Us Stock Futures dived again on Sunday evening, while the observers warned of an imminent “black Monday”.
As Roller reported that Trump specifically wanted his pricing announcement to have “big numbers”. The conservative American Enterprise Institute says that the way the administration arrived there was all false – a mathematical error which led to the fact that the prices proposed were four times higher than they planned.
Trump has announced many major numbers, including 49% prices in Cambodia, 48% on Laos, 46% on Vietnam, 36% on Thailand, 34% on China and 20% on the European Union. Even the penguins were not spared, although Russia was.
Trump’s secretary of agriculture, Brooke Rollins, was asked about the AEI analysis on Sunday, and said that the organization was “just wrong about it”, before admitting that she had not read it.
Two officials of the Trump administration said Roller During the weekend, even if they personally consider the tariff dam as a very risky and perhaps reckless economic policy, Trump officials who consider it not largely trying to speak to the president, convinced that at that time attempts to wean on the massive trade war will have no effect or cause Trump to widen more.
“Go up it,” explains an official.
On Sunday, other sources close to the president and two mega-donors of the GOP continued to express an increasing alarm according to which Trump’s commitment to his pricing war, including against the long-standing allies of the United States, was not simply a negotiation tactic and that the president was tanning the American economy for little reason beyond his resentments and his long-term obsessions.
“I am not yet willing to become a public, but I will say this: I do not know if I would be so worried about what will happen to the economy if Bernie Fucking Sanders was president,” said a great donor of the Trump and Republican party. “It is how bad it is, and very little time ago to repair the situation and return the ship.”
Trump – In his own words and actions – seems determined at that time to direct the ship directly in generalized economic pain, in the hope that the American people will thank him in a way for that.
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