“I think it is going very well. It was an operation, such as patient surgery, and this is a big deal. (…) We have six or seven trillion dollars coming to our country and we have never seen something like that. The markets will survive the boom, the actions will survive the boom, the country will survive the boom” – said Trump, when asked on the way to the Marine One helicopter about the assessment of the reaction to the introduced duties.
“The rest of the world is wondering if there is any way so that they can make a system. They used us many, many years, many laT ” – he added.
Trump's optimism was not divided by investors on Wall Street on Thursday. Less than an hour before the session closed on the New York Stock Exchange, the S&P-P500 indicator recorded over a four % decrease and may achieve the highest one-day decrease from March 2020 and the Covid-19 pandemic. Similarly high declines are recorded by the Dow Jones Industrial Average (over -3 %) and Nasdaq Composite (over -5 %). Particularly severe discounts affected the share prices of clothing concerns and electronics producers (including Apple), consisting of foreign production and components.
Trump's statement was his first from the announcement of duties for imported goods from around the world. On Thursday, his schedule does not provide for public appearances outside of participation in the golf tournament in his club in Florida, where the president goes.
