( ) — President Donald Trump continues to stand firm his tariffs will yield returns despite declining stock prices and overall pessimism about the U.S.'s present economic situation.
On Saturday morning, in a Truth Social posting, Trump acknowledged that although things might currently be difficult, there is hope for better days ahead.
Already, over five trillion dollars of investment, and climbing rapidly! This represents an economic revolution, and we shall emerge victorious. Stay resilient, as this journey may not be simple, yet the outcome will undoubtedly go down in history," Trump penned. "We will indeed, MAKE AMERICA GREAT AGAIN!!!
His post follows China’s announcement Friday that 34% retaliatory tariffs On all American products will come into force next week following the U.S. imposition of tariffs on the Asian country.
China has faced far greater impact compared to the USA; there’s no comparison," Trump stated. "Both China and several other countries have dealt with us extremely unfairly. For too long, we've been the foolish and powerless 'scapegoat,' but those days are over. We're now restoring jobs and industries as never before.
Trump told reporters Thursday The condition of the financial markets is also integral to this process, comparing the U.S. economy to a diseased patient who has had surgery.
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