WASHINGTON (AP) — President Donald Trump offered a rosy assessment after the stock market dropped sharply Thursday over his tariffs, saying, “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 when asked about the market as he left the White House to fly to one of his Florida golf clubs.

The Dow Jones Industrial Average dropped more than 1,600 points on Thursday as U.S. stocks led a worldwide selloff after the Republican president’s announcement of tariffs against much of the world ignited a shock like none seen since the COVID-19 pandemic.

  • 9point6@lemmy.world
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    1 day ago

    You know when we recently had one of our leaders crash our economy with right-wing vibe economics in the UK, we kicked her out of the job pretty quickly and now consider her a laughing stock.

    Precedent has already been set with what you do in this scenario—what’s taking you guys so long?

  • ijedi1234@sh.itjust.works
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    1 day ago

    The full quote, if anyone’s interested:

    I think it’s going very well. It was an operation, like when a patient gets operated on, and uh, it’s a big thing. I said this would exactly be the way it is. Uh, we have 6 or 7 trillion dollars coming into our country, and uh, we’ve never seen anything like it. Uh, the markets are gonna boom, the stocks’re gonna boom, the country’s gonna boom, and the rest of the world wants to see: Is there any way they can make a deal? They’ve taken away advantage of us for many many years. For many years, we’ve been at the wrong side of the ball, and I’ll tell you what: I think it’s gonna be unbelievable. The thing that people have to talk about - we’re up to almost 7 trillion dollars of investment coming into our country, and uh, you’ll see how it’s gonna turn out. Our country’s gonna boom.

    • NotSteve_@lemmy.ca
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      1 day ago

      and the rest of the world wants to see: Is there any way they can make a deal?

      Naaaah, I’d rather just not deal with the USA at all

  • Bonje@lemmy.world
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    1 day ago

    It’s going very well for entities interested in the deterioration of aliances with United States and weaking its global economic power.

    So yes, technically correct.