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MainNewsTrump Says ‘...

Trump Says ‘Boom’, Market Proves ‘Bust’: Tariffs Cause Massive Sell-Off


Apr, 04, 2025
< 1 min read
by Peter Mwangi
for CoinEdition
Trump Tariffs: Steepest Drop Since 2020 But POTUS Sees 'Boom'
  • Trump expresses confidence (“markets will boom”) despite tariff-driven market plunge
  • New 10% baseline tariff (54% effective China rate) confirmed, effective Apr 5
  • S&P, Dow, Nasdaq see sharpest drops in years; broad stock losses recorded

President Donald Trump expressed strong confidence in the U.S. economy Thursday, even as markets recorded steep one-day losses following his administration’s confirmation of new trade tariffs. 

Shortly after the closing bell, Trump declared, “The markets are going to boom… The country is going to boom,” dismissing investor concerns over the tariffs that triggered a broad sell-off.

The president described the economic impact as part of a larger strategy, comparing the tariffs to a medical procedure. “It’s an operation… like when a patient gets operated on,” he said, insisting temporary pain would lead to long-term recovery.

Tariff Details…

The post Trump Says ‘Boom’, Market Proves ‘Bust’: Tariffs Cause Massive Sell-Off appeared first on Coin Edition.

Read the article at CoinEdition

Read More

The Trump Effect Part 2? XRP Eyes US Gov Disclosure After 33% Prior Surge

The Trump Effect Part 2? XRP Eyes US Gov Disclosure After 33% Prior Surge

The U.S. Treasury Department and other federal agencies are expected to disclose thei...
Apr, 05, 2025
< 1 min read
by CoinEdition
The Unexpected Upside: Tariffs Depress Treasury Yields, Shine Light on Crypto

The Unexpected Upside: Tariffs Depress Treasury Yields, Shine Light on Crypto

While President Trump’s latest tariff announcements sparked immediate, sharp sell-off...
Apr, 04, 2025
< 1 min read
by CoinEdition
MainNewsTrump Says ‘...

Trump Says ‘Boom’, Market Proves ‘Bust’: Tariffs Cause Massive Sell-Off


Apr, 04, 2025
< 1 min read
by Peter Mwangi
for CoinEdition
Trump Tariffs: Steepest Drop Since 2020 But POTUS Sees 'Boom'
  • Trump expresses confidence (“markets will boom”) despite tariff-driven market plunge
  • New 10% baseline tariff (54% effective China rate) confirmed, effective Apr 5
  • S&P, Dow, Nasdaq see sharpest drops in years; broad stock losses recorded

President Donald Trump expressed strong confidence in the U.S. economy Thursday, even as markets recorded steep one-day losses following his administration’s confirmation of new trade tariffs. 

Shortly after the closing bell, Trump declared, “The markets are going to boom… The country is going to boom,” dismissing investor concerns over the tariffs that triggered a broad sell-off.

The president described the economic impact as part of a larger strategy, comparing the tariffs to a medical procedure. “It’s an operation… like when a patient gets operated on,” he said, insisting temporary pain would lead to long-term recovery.

Tariff Details…

The post Trump Says ‘Boom’, Market Proves ‘Bust’: Tariffs Cause Massive Sell-Off appeared first on Coin Edition.

Read the article at CoinEdition

Read More

The Trump Effect Part 2? XRP Eyes US Gov Disclosure After 33% Prior Surge

The Trump Effect Part 2? XRP Eyes US Gov Disclosure After 33% Prior Surge

The U.S. Treasury Department and other federal agencies are expected to disclose thei...
Apr, 05, 2025
< 1 min read
by CoinEdition
The Unexpected Upside: Tariffs Depress Treasury Yields, Shine Light on Crypto

The Unexpected Upside: Tariffs Depress Treasury Yields, Shine Light on Crypto

While President Trump’s latest tariff announcements sparked immediate, sharp sell-off...
Apr, 04, 2025
< 1 min read
by CoinEdition