US President Donald Trump looks in an oval office, on the day he signs executive orders, in the White House in Washington, USA 6 March 2025.
Evelyn Hockstein Reuters
President Donald Trump said on Thursday that his administration would not consider the reaction of the stock market when he excludes the details of his tariff policy.
Asked if the decision about Pause tariffs On many products from Canada and Mexico for one month it was caused by the stock exchange, Trump said that the decision “has nothing to do with the market. I don't even look at the market because the long -term United States will be very strong with what is happening here. “
“It is largely about companies and countries that detached this country, our country, our beloved United States. And they will no longer splash us. You know, I think it affects the market, “added the president.
Trump gave comments in an oval office on Thursday during a party to sign executive orders. Later, Trump was asked about the sale of the market and blamed the “globalists”, which he used to describe companies and countries earlier in this event.
“I think globalists see how rich our country will be and they don't like it. Large market. But again, they have been breaking this country for years. And they will do great – everyone will do great. But we can't let it happen to America. Otherwise, we will no longer have a country, “said the president.
Comments appear when the stock exchange has fought in recent days and the main average at Wall Street are guiding Losing week. On Thursday, the NASDAQ composite was closed by more than 10% below its recent high level, placing a heavy technology indicator on the territory of correction.
Some at Wall Street hoped that Trump, who was seen as business -friendly during his first term and as a candidate, would consider the stock exchange as an assessment of the approval. This idea is sometimes called “Trump Put”, the art of options terminology, which suggests that the president would stop the stock exchange from too far.
However, the Trump administration continued to take an aggressive attitude He is alleged “Trump placed” in the idea.
Also on Thursday, the secretary of trade Howard Lutnick said that Trump's focus was wider than everyday stock market movements.
“The president wants American growth and American prosperity, ok? And the fact that the stock market will fall by half a percent or percent will increase by half a percent or percent, it is not the driving force of our results, “said Lutnick on Thursday CNBC. “The president focuses on the reconstruction of America and you will see an increase in America. … You will see that interest rates will fall by 1% or more. You will see an explosion of the stock exchange. “