President Donald Trump is not backing away from his new tariff policy despite Democrats and their allies in the legacy media painting a picture of doom and gloom.
In a post on his TruthSocial account on Saturday, Trump said that trillions of dollars are coming into the economy of the United States because of his tariffs.
“We are bringing back jobs and businesses like never before. Already, more than FIVE TRILLION DOLLARS OF INVESTMENT, and rising fast! THIS IS AN ECONOMIC REVOLUTION, AND WE WILL WIN,” the president said.
Last week, Trump implemented a 10 percent baseline tariff on all imported goods, with some nations being hit with higher levies. The announcement caused a panic in the stock market, with the DOW Jones and S&P 500 both falling to levels not seen in a decade.
But the president stayed defiant in his resolve to remain on the path he has chosen.
“HANG TOUGH, it won’t be easy, but the end result will be historic,” he said.
“We will, MAKE AMERICA GREAT AGAIN!!!” he promised before taking aim at China in another post after Beijing responded with a 34 percent tariff on American imports.
“China has been hit much harder than the USA, not even close,” he said. “They, and many other nations, have treated us unsustainably badly. We have been the dumb and helpless ‘whipping post,’ but not any longer.”
“China played it wrong, they panicked — the one thing they cannot afford to do,” he said.
Earlier, Trump shared a TikTok video to his TruthSocial account, asserting that he is intentionally crashing the stock market.
“Trump is crashing the stock market by 20% this month, but he’s doing it on purpose. This is why Warren Buffett just said Trump is making the best economic moves he’s seen in over 50 years,” the narrator of the video said.
“Here’s the secret game he’s playing, and it could make you rich. So why is he doing this? To push cash into Treasuries, which forces the Fed to slash interest rates in May, and those lower rates give the Fed the ability to refinance trillions of debt very inexpensively. It also weakens the dollar and drops mortgage rates,” he said.
“It’s a wild chess move, but it is working. You’re probably wondering: What about his tariffs?” the narrator continued.
“It’s a genius play. It actually forces companies to build here to dodge them. It also forces farmers to sell more of their products here in the U.S. to bring grocery prices way down- we’ve already seen this with eggs. Now, remember, 94% of all stocks are owned by 8% of Americans. So Trump is taking from the rich, short term, and handing it to the middle class via lower prices,” he said.
WATCH:
Trump is playing chess while everyone else is playing checkers. pic.twitter.com/fvThLx82Ev
— AmericanPapaBear (@AmericaPapaBear) April 4, 2025
Already, however, countries are responding in a positive way to the new levies.
Trump announced on Friday morning that Vietnamese leader To Lam is willing to eliminate tariffs to avoid punishing new U.S. duties imposed on the Southeast Asian nation’s imports.
“Just had a very productive call with To Lam, General Secretary of the Communist Party of Vietnam, who told me that Vietnam wants to cut their Tariffs down to ZERO if they are able to make an agreement with the U.S. I thanked him on behalf of our Country, and said I look forward to a meeting in the near future,” Trump wrote.
“News of the call, which Trump posted about on social media, sent stocks of companies that make some of their goods in Vietnam higher. Shares in Nike, for example, jumped more than 4%. The Trump administration had levied tariffs of 46% on Vietnam earlier this week. Trump said Friday he looked forward to meeting with To Lam in the near future,” the Wall Street Journal reported.
This comes as the U.S. economy boomed in March, adding jobs at a faster pace than in February despite additional economic uncertainty over Trump’s tariff policies.
The Labor Department said on Friday that employers added 228,000 jobs in March, which was more than the 135,000 jobs that LSEG economists thought would be added.