Trump doubles down on tariffs, says to ‘hang tough’ amid stock market decline

president Donald Trump is multiplied by his controversial program, and called on the Americans to “suspend strongly” amid stock market disturbances during the past few days.

Trump wrote, in a publication on the truth on Saturday morning, that his plan is already working with trillion dollars that are already poured into the American economy.

“We are restoring jobs and companies that are unprecedented. Indeed, more than five trillion dollars of investment, rising quickly! This is an economic revolution, and we will win,” Trump wrote.

Here is really with Trump with high -risk of introductory risk

The sharp losses for this week for the S&P 500 and NASDAQ were among the worst in the past decade, as stocks fell for the second day in a row. On Friday, the Dow Jones industrial average decreased 2,231.07 points, or 5.5 %, while the S&P 500 and NASDAQ compound decreased 5.97 % and 5.82 %, respectively. The Nasdaq Stock Exchange entered the bear market on Friday.

Trump implemented a 10 % basic tariff on all imported goods in the United States, while some countries were slapped with higher definitions.

But Trump is still challenging that his plan will work in the long run because it aims to reduce the trade deficit of America with other countries, protect American industries and support jobs by encouraging companies to re -manufacture to the United States

“Hanging strongly, it will not be easy, but the end result will be historic,” Trump wrote. “We will make America great again !!!” Trump wrote.

Trump took the target of China after the Communist state was based on the declaration of the Tahrir Day tariff in Trump with a 34 % mutual tariff for American imports.

“China has suffered much more difficult than the United States of America, not even close,” Trump wrote. “They, and many other countries, have treated us badly, we have been” stupid “stupid and unable, but not anymore.

Trump’s tariff comes 34 % announced against China on Wednesday, in addition to the 20 % definitions imposed against the country.

Trump implemented a 10 % basic tariff on all imported goods in the United States, while some countries were slapped with higher definitions. (Demetrius Freeman/The Washington Post via Getty Images)

How did we get to liberation day: A look at Trump’s previous comments on the definitions

“I played China wrongly,” Trump wrote on Friday.

The Gollow and Galling have raised concerns about a global trade war and a possible recession.

The new Chinese definitions against the United States will enter into force on April 10, according to the Wall Street Journal.

Companies that sell their goods to China were injured on Friday, including those in space, agriculture and heavy equipment.

Some of the largest losers sank on Thursday – banks, airlines and technology companies – again on Friday. Others, such as retailers, clothes and restaurants, were almost bad. A handful, like Nike, until small gains were published on Friday.

One of the news broadcasts broadcasts on the ground of the New York Stock Exchange (New York Stock Exchange) in New York, the United States, on Friday, April 4, 2025. S&P fell 500 % on Friday, with the closure of its worst week since Covid. (Michael Nagle/Bloomberg via Getty Images)

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The so -called wonderful 7 shares that took control of the market in the past few years have been some of the heavier losses. Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta and Tesla have lost about $ 1.8 trillion of the market value combined in the past two days.

Meanwhile, a conservative legal group challenges President Trump’s tariff for China, describing them as a “illegal attempt” to make Americans pay higher taxes on Chinese imports.

Fox Business and Associated Press contributed to this report.