President Donald Trump acknowledged the shock brought by his tariffs onslaught Thursday, but said the US economy would emerge "far stronger," even as world markets tumbled.
"THE OPERATION IS OVER! THE PATIENT LIVED, AND IS HEALING. THE PROGNOSIS IS THAT THE PATIENT WILL BE FAR STRONGER, BIGGER, BETTER, AND MORE RESILIENT THAN EVER BEFORE," Trump posted on his Truth Social platform less than an hour before Wall Street opened for trading.
White House Press Secretary Karoline Leavitt also tried to reassure US markets, telling CNN: "To anyone on Wall Street this morning, I would say, 'Trust in President Trump.' This is a president who is doubling down on his proven economic formula."
-
Andrew Ng On AI At Scale: Building The Intelligence Economy | NDTV World Summit 2026 -
NDTV World Summit 2026: Behind The Scenes As Ayush And Vedika Preview Two-Day Mega Event -
Who Is Rajiv Mehta? Lilavati Hospital Trustee To Speak At NDTV World Summit 2026 -
Ex-CIA Director To Decode 'War In Times Of AI' At NDTV World Summit -
From Call Centre To Billion-Dollar Disruptor: Nikhil Kamath At NDTV World Summit -
'Every 5 Years, You'll See A New India': Swami Sarvapriyananda Ahead Of NDTV World Summit -
Alain Ebobisse, Africa50 CEO, To Attend NDTV World Summit 2026. All About Him -
Kriti Sanon At NDTV World Summit: A Look At Her Career And Business Ventures -
Ex-CIA Director To Decode 'War In Times Of AI' At NDTV World Summit -
Who Is Vikram Rai, CEO, South Asia GE Aerospace, Set To Attend The NDTV World Summit 2026
She said the tariffs -- which include 10 percent across the board levies on imports and far steeper barriers on dozens of specific countries, including the top US trading partners -- meant "the United States is no longer going to be cheated by foreign nations."
Leavitt appeared to rule out the possibility of Trump pulling back any of the tariffs before they are implemented over the coming weekend.
"The president made it clear yesterday this is not a negotiation," she said.
"He's always willing to pick up the phone to answer calls, but he laid out the case yesterday for why we are doing it," she said.
"These countries around the world have had 70 years to do the right thing by the American people and they have chosen not to. They have ripped off American workers. They have taken our jobs overseas. The president is putting an end to that yesterday."
(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)
Track Latest News Live on NDTV.com and get news updates from India and around the world