WALL STREET CRASHES: Trump Calls U.S. ‘Sumo Wrestler’ of Trade as Markets Tumble After Tariff Hike
Video Credit: Oneindia - Duration: 03:43s - Published
WALL STREET CRASHES: Trump Calls U.S. ‘Sumo Wrestler’ of Trade as Markets Tumble After Tariff Hike
Wall Street plunged as Trump's tariff war sent global markets into turmoil.
The S&P 500 saw its worst drop since 2020, while Trump declared the U.S. the "sumo wrestler" of world trade.
Investors panic as fears of economic slowdown rise.
Will the U.S. economy withstand the pressure?
Stay tuned for updates.
#US #StockMarketCrash #TrumpTariffs #TradeWar #USAEconomy
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Trump has stunned observers by privately telling Ukrainian President Volodymyr Zelensky that he wants to help Ukraine, despite recently pushing for the U.S. to freeze critical weapons deliveries. The contradictory moves have fueled speculation that Trump is leveraging military aid to gain influence over both Kyiv and Moscow ahead of the U.S. election. While Trump publicly blames Zelensky for prolonging the war, sources say he has quietly assured the Ukrainian leader of potential support if certain “conditions” are met.
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Zelenskyy and Trump agree on joint defence efforts in 'fruitful' phone call
The talk comes a day after Trump and Russian President Vladimir Putin discussed Ukraine, Iran and other issues in a call the Kremlin described as "frank and constructive".
READ MORE : http://www.euronews.com/2025/07/04/zelenskyy-and-trump-agree-on-joint-defence-efforts-in-fruitful-phone-call
Subscribe to our channel. Euronews is available on Dailymotion in 12 languages
Credit: euronews (in English) Duration: 01:19Published
In a bombshell announcement, US President Donald Trump has revealed plans to host a full-fledged UFC championship fight at the White House as part of the America250 celebrations. Speaking at a rally in Iowa, Trump said the event will take place on the White House grounds and could draw 20,000 to 25,000 fans. UFC CEO Dana White is expected to coordinate the unprecedented event.
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President Donald Trump was visibly irritated during a press event after being asked about Wall Street’s trending term “TACO Trade” — short for “Trump Always Chickens Out.” The phrase, used by investors to suggest that Trump backs down under market pressure, triggered a fiery exchange. “That’s a nasty question,” Trump told the reporter, firmly denying that he ever backs off. He doubled down on his tough stance on tariffs, especially against China, but the viral moment is now fueling fresh debate over whether the president folds when financial pressure mounts.
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President Trump pushed back after being mocked on Wall Street with the nickname "TACO trade"—short for "Trump Always Chickens Out"—a dig at his inconsistent tariff strategies. During a press exchange on May 28, Trump defended delaying steep tariffs on China and the EU, calling the jab unfair. The term has gained traction among analysts critical of his tariff flip-flops, citing economic uncertainty for markets and businesses. Despite the criticism, Trump maintains that his decisions are strategic, aimed at securing better deals while avoiding unnecessary economic damage.
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