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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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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