(NewsNation) — President Donald Trump remains steadfast his tariffs will pay dividends despite falling stocks and general gloom over the United States’ current economy.
In a Truth Social post on Saturday morning, Trump conceded that while times may be tough, there is light at the end of the tunnel.
“Already, more than FIVE TRILLION DOLLARS OF INVESTMENT, and rising fast! THIS IS AN ECONOMIC REVOLUTION, AND WE WILL WIN. HANG TOUGH, it won’t be easy, but the end result will be historic,” Trump wrote. “We will, MAKE AMERICA GREAT AGAIN!!!”
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His post follows China’s announcement Friday that 34% retaliatory tariffs on all U.S. products will take effect next week after the U.S. enforced tariffs on the Asian nation.
“China has been hit much harder than the USA, not even close,” Trump said. “They, and many other nations, have treated us unsustainably badly. We have been the dumb and helpless ‘whipping post,’ but not any longer. We are bringing back jobs and businesses like never before.”
Trump told reporters Thursday that the state of the financial market is part of the process, likening the U.S. economy to a sick patient who has undergone an operation.
