Trump responds to the stock market crash.

date
06/04/2025
avatar
GMT Eight
The U.S. announced the so-called "equal tariff" policy, triggering volatility in the U.S. and global stock markets. The three major U.S. stock indexes all experienced drops of over 5%, while the three major European stock indexes fell across the board. AJ Bell analysts estimate that the global stock market value has evaporated by about $4.9 trillion. The Financial Times reported that the U.S. stock market has shrunk by $5.9 trillion over the past two days. President Trump recently retweeted a video posted by one of his supporters on social media, which claimed that the stock market crash was "intentional." Following this, Trump posted messages urging the American people to "hang in there." "He is intentional" "Trump is causing the stock market crash... but it is intentional," the video begins. Numerous U.S. media outlets, including Newsweek and Forbes News, reported that the video was originally posted by an online user in March and was recently retweeted by a pro-Trump account. Trump retweeted the video on the social media platform "Real Social" on the 4th. The video claims that Trump's "tariff policy, although risky, is working," and that it is encouraging U.S. companies to produce domestically and farmers to sell more domestically, thus lowering food prices. The video suggests that Trump's adjustments to tariffs and the stock market will further reduce prices, benefiting the American middle class. However, analysis by the Yale University Budget Lab previously suggested that the U.S. tariff policy could lead to a 2.3% increase in overall inflation this year including a 2.8% rise in food prices and an 8.4% rise in car prices resulting in a $3,800 loss for each average American household. Trump: American People "Hang in There" On the 5th, Trump acknowledged that the tariff policy had caused global volatility, but he urged the American people to "be patient." Trump wrote on the "Real Social" platform: "We have been the stupid patsies for so many years but not now. We are winning big time on Trade, Taxes, Military etc." He added, "It's a revolution happening, and we're winning. But we have to be patient." This article is reprinted from the WeChat official account "Cai Lian Society", edited by GMTEight: Chen Yufeng.

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