By Fatima Hussein and Chris Megerian
West Palm Beach, Florida (AP) – Two days after sending the economy in shock by announcing generalized prices, President Donald Trump insisted that his trade policies would never change because he remained installed in a bubble of wealth and power in Florida.
He woke up Friday morning in Mar-A-Lago, his private club in Palm Beach, and headed for his neighboring golf course a few kilometers after writing on social networks that “this is the ideal moment to become rich”.
Several supporters stood on the sidewalk while Trump, wearing his red hat of “Make America Great” and the white polo shirt, slid in a street bordered by palm trees. They praised him and he made a sign of management, part of a ritual that is played out every weekend that he is in town.
The Republican President should not appear publicly, although he should attend a candlelit dinner for Maga Inc., an allied political organization on Friday evening. He spent Miami on Thursday in another of his golf courses, where he attended a tournament funded by Arabia. He landed in Marine One and was picked up in a golf cart driven by his son Eric.
Trump has often proven impermeable to the type of scandals or blunders that would damage another politician, but his decision to spend the weekend in its golden properties could test the patience of the Americans at a time when their retirement savings evaporate with the stock market. Prices should increase the prices of thousands of dollars a year and slow economic growth, and there are fears concerning a potential recession.
The president of the federal reserve, Jerome Powell, said on Friday that the prices were “significantly more important than expected” and were “very likely” to cause more inflation – at least in the short term but perhaps in the long term.
However, Trump described his policies as a painful stage but necessary to encourage companies to move their operations in the United States, and he spent the morning defending himself on Truth Social, his social media platform, promising that he sticks to his policies.
Although the experts severely criticized Trump’s prices, he found some support on Tiktok. He shared a video that said that “Trump is crushing the stock market” and “he does it on purpose” as part of a “secret game he plays, and that could make you rich”.
The video presented a supposed quote from the legendary investor Warren Buffett praising Trump, but the Buffett company published a statement saying that it had been manufactured. The video also said that Trump’s goal was to push the federal reserve to reduce interest rates, which the president explicitly asked later in the morning.
“It would be an ideal moment” for Powell to reduce interest rates, he wrote. “Cut interest rates, Jérôme and stop making politics!”
Foreign leaders rushing in response to Trump’s announcement this week, the president was unleashed and sought to conclude agreements.
He said that he had spoken with the Vietnamese leader of Lam and that Vietnam claimed to eliminate his prices on American goods if it could conclude an agreement with the United States
He also criticized China for announcing its own prices on American imports.
“China has played badly, they panicked – the only thing they can’t afford to do!” He wrote.
The Republicans suggested that Trump’s policies would be the start of a parley with foreign countries.
“The president is a negotiation mechanism if nothing else, and he will continue to treat the country by country with each of them,” said senator John Barrasso of Wyoming. He added that the Treasury Secretary, Scott Bessent, told the Senate Republicans this week that prices would be a “high -level brand with the ultimate goal of reducing them” unless other countries are retalling.
The Senate Democrat, Chuck Schumer of New York, described Trump’s prices “a brutal mouth of pliers with American families trapped in the middle”.
Meanwhile, Trump also celebrated a new report showing that the United States added 228,000 jobs in March, beating expectations. Although the figures were a snapshot of the economy before the announcement of the price, Trump claimed the justification, saying that they already show that his movements work.
“Come on,” he wrote. “We cannot lose !!!”
Megerian reported to Washington. The writer of Associated Press, Stephen Groves, contributed to this Washington report.
Originally published:
California Daily Newspapers
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