Investors are trying to understand President Trump’s readiness to ignore market losses in recent days.
A review of the president’s comment on perhaps a simple answer indicates that he is only concerned with drivers during his second calm period in the White House so far.
He said on Tuesday afternoon to retain the trade that the president has sharpened in recent days: “The markets will rise, and it will decrease, but you know what: We must rebuild our country.”
It is clear that the economic repercussions in evidence with the markets in the correction area, a commercial war that erupts on multiple fronts, Wall Street is increasingly concerned about the recession, and Trump contradicts questions about this issue in almost every year of appearance in recent days.
Trump directed many details of the customs tariff-including a 50 % proposed tariff on Canadian steel and aluminum, which lasted less than 8 hours on Tuesday-but a “tariff man” has long been significantly consistent with what he sees his final goal of long-term long-term tariff returns and the American trading system.
It is a focus first on the customs tariff that may not be surprising to Trump’s monitors who saw him give priority to definitions above all in almost every campaign in 2024. But it clearly represents a injury to merchants who expected the president to rotate quickly at once in respect for the markets (as he often did during his first term).
Read more: What does Trump’s tariff mean for the economy and your wallet?
This time, Trump clearly chooses the definitions so far, as the markets repeatedly reduce the pain.
In the first 50 days or so in his position – although one of the observers mocked, the “Ross and Rashil” levels of uncertainty – had already implemented a tariff agenda that would stunt the economic impact for the first term if it simply left in its place.
A 20 % new blanket tariff was enacted on China at the top of the existing duties. The world’s second largest economy faces total duties of about 30 % with a 1.0 Trump tariff.
Also in place 25 % duties on a set of goods from Mexico and Canada. The newcomer this week is a 25 % tariff on global steel and aluminum imports that came into effect on Wednesday.
“The only fixed point for Donald Trump is that he loves customs tariffs,” said Jasson Foreman of John Kennedy State College at Harvard University, in one of the appearance that was funded in Yahoo to finance Yahoo in one of the common appearance of observers.
>He added: “This is the only thing in which there is no crushing.”
In fact, this is the subject of the markets that Trump is likely to change his melody.
Yahoo Finance once isolated five different stages from how Trump talked about the markets while President Biden was in office, and his speech changed significantly depending on the rise of Wall Street.
Trump has also ended the opportunity after the opportunity to soften the edges of the customs tariff speech, even before the masses of cautious businesses looking clearly searched for some comfort.
“It may rise,” until Trump warned of duties on Tuesday evening before a group of CEOs gathered by the business table.
He added that the customs tariff represents a “great victory, and this is a lot of money” with business leaders also told that “the biggest victory is if they move to our country and produce jobs.”
The president addressed the round table – which calls itself “the voice of the main chief executives in America in Washington” – at the group’s offices on Tuesday evening.
About 230 senior executives in America are members of the group, with many prominent names and possibly a tariff-from the CEO of Google (Google) Sundar Pichai, Verizon (VZ), Hans Vestberg, CEO of JPMorgan (JPM), Jimmy Damon-attending on Tuesday.
It comes after a wave of president’s CEO warnings about definitions across a group of sectors.
One of the most colored comments from Jim Farley, CEO of Ford (F), who warned of Trump’s tariff threatening a “hole” in the American auto industry.
Rubbermaid president added a warning of uncertainty, and LEGO’s president said he did not want to surpass the definitions of his company’s momentum in recent interviews with Yahoo Finance.
Often, White House officials and Trump responded to the fact that the recent turmoil is part of the economic “transition” that will witness the economy in the end. They also described reports of companies looking forward to possible expansion in the United States to avoid duties.
In fact, the message “No Pain, and no new” gain “has led to a somewhat, to a wide range of softeers from the president and his allies to wave market problems far away – from” the period of toxins “to” a little disorder “to” increasing pain ” – but with one message it clearly believes that the current disorder is a type of medicine that deserves progress in service to increase the call to harmony.
“I think our country had to do so,” Trump added on Tuesday.
Harvard University colleague Bill George indicated on Tuesday afternoon that one of the best things that executives can do at the present time, given Trump’s approach, “staying under the radar.”
The president suggested that in the long run through his approach, which focuses on customs tariffs, but Trump was Trump, he could not avoid a few market critics this week, indicating that people buy the decline.
“I have a lot of smart people, my friends and great businessmen,” he told reporters this week. “They are investing now.”
Ben Werkekoul is a Washington correspondent to finance Yahoo.
Click here to get political news related to commercial policies and money that will constitute stock prices tomorrow
Read the latest financial and commercial news from Yahoo Financing