Donald Trump has reaffirmed his commitment to his trade policies, suggesting it's a favorable time for investors despite a significant downturn in the stock market. After China imposed retaliatory tariffs, claiming 34% on U.S. imports, Trump insisted he would not change course. This trade war is causing apprehension among investors, particularly affecting companies like Nike and Apple due to increased costs. Trump's comments came amidst significant losses in stock values, with Wall Street futures indicating more losses, especially in the S&P 500 index.
With the stock market in a tailspin, Donald Trump declared that his policies will never change as he doubled down on his trade war after China retaliated with tariffs.
Trump posted, 'TO THE MANY INVESTORS COMING INTO THE UNITED STATES AND INVESTING MASSIVE AMOUNTS OF MONEY, MY POLICIES WILL NEVER CHANGE. THIS IS A GREAT TIME TO GET RICH!'
Financial markets are plunging after China retaliated with a 34% levy on US imports, following Trump's imposition of tariffs on all Chinese goods.
Trump's tariffs have wiped trillions off the market value of publicly traded companies, notably affecting major global brands like Nike and Apple.
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