President Donald Trump doubled down on his economic policies Saturday, telling Americans to endure the pain of his aggressive tariffs, claiming the end result will be nothing short of an “economic revolution.” In a defiant post on Truth Social, the president urged the public to “HANG TOUGH” despite the market’s sharp decline and growing fears of a recession.
“We have been the dumb and helpless ‘whipping post,’ but not any longer,” Trump declared. “We are bringing back jobs and businesses like never before. Already, more than FIVE TRILLION DOLLARS OF INVESTMENT, and rising fast!”
He boldly proclaimed that this upheaval was just the beginning of a massive economic shift. “THIS IS AN ECONOMIC REVOLUTION, AND WE WILL WIN,” Trump insisted. “HANG TOUGH, it won’t be easy, but the end result will be historic. We will, MAKE AMERICA GREAT AGAIN!!!”
Trump specifically took aim at China, which has been hit with a 34 percent tariff on top of the existing 20 percent. China retaliated with a 34 percent tariff on U.S. goods, and Trump wasted no time rejecting claims that China was suffering more than the U.S.
“They, and many other nations, have treated us unsustainably badly,” he wrote, showing no signs of backing down.
He also blasted China’s decision to retaliate with tariffs, calling it a costly mistake. “China played it wrong, they panicked — the one thing they cannot afford to do!” Trump fired back.
The new tariffs have affected the ongoing negotiations about the social media app TikTok. Trump had planned to sign an executive order to force TikTok’s U.S. operations into a new company, but those plans were delayed due to the tariffs, according to a source familiar with the situation.
The deadline for the Chinese-based company to sell its U.S. assets was Saturday, but Trump granted them a 75-day extension.
Trump has insisted that the “Liberation Day” tariffs, which he promised during his campaign, will boost U.S. manufacturing, create jobs, and help reduce the flow of illegal drugs into the country.
However, this optimism comes at a time when stock markets are struggling, economic uncertainty is high, and experts warn of a potential recession and rising consumer prices tied to the trade conflict.
