2025-04-11
44 分钟The Economist.
Do you remember last week's episode?
My fellow Americans, this is Liberation Day.
Waiting for a long time.
Donald Trump announced the reversal of 90 years of US trade policy.
with a gargantuan increase in tariffs.
April 2nd,
2025 will forever be remembered as the day American industry was reborn and the day that we began to make America wealthy again.
Well, Wall Street had different ideas.
U.S. stock futures plummeted this morning as President Trump's sweeping tariffs announcements are sparking fears of a global trade war.
Chaos is exactly the way to describe it here in the pit on the floor of the New York Stock Exchange.
And we were here this morning during the opening bell and we saw the major drop red all across the board.
By Friday, the S&P 500 had fallen by more than 10 percent.
I don't want anything to go down,
but sometimes you have to take medicine to fix something.
Trump refused to back down, adding to the panic.
Forget markets for a second.
We have all the advantages.
We're going to straight out.
We're going to become a wealthy nation again.