RECAP | U.S. stock market sees worst day since 2020 as Trump’s trade war rattles global economy

Trump remains unfazed by recent stock market turbulence

Despite the sharp decline in the stock markets, President Trump made light of the situation by unveiling a new gold card emblazoned with his face: a U.S. permanent-residency card priced at $5 million, a project that he is currently developing.

\”For just $5 million, you can own this exclusive Trump card. It’s pure gold,\” he announced to the press as he headed to Florida for the weekend.

When asked about the drastic downturn in the U.S. market, Trump dismissed it as something that was bound to happen.

Throughout the day, Trump repeatedly compared the market turmoil to a medical procedure. He likened the U.S. economy to a sick patient suffering from a chronic trade deficit with other nations, particularly in the realm of manufactured goods.

\”The economy was ailing. It underwent a necessary procedure,\” Trump explained. \”The surgery is now complete. It’s time for the healing process to begin.\”

While Trump hinted at the possibility of engaging in negotiations with certain countries, he emphasized that any potential deals would need to be exceptional in order to sway his stance. His primary objective remains driving manufacturing back to American soil through the implementation of tariffs.

\”Countries are reaching out to us now,\” Trump stated confidently. \”They are willing to make significant concessions for our benefit.\”