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Trump Downplays Stock Market Decline While Defending Tariffs and Economic Policies

The former president dismisses recession fears and blames market volatility on previous administration's policies.

  • President Donald Trump has rejected concerns about a potential recession following a significant stock market decline of over 2,500 points in recent days.
  • Trump defended his tariff policies, claiming they are part of a long-term strategy to rebuild the U.S. economy despite short-term market disruptions.
  • He has repeatedly blamed President Joe Biden and Vice President Kamala Harris for economic challenges, including inflation and interest rates, while taking credit for past market gains.
  • During his 2024 campaign, Trump warned of a 'Kamala economic crash' if Democrats won, framing the stock market's success as dependent on his leadership.
  • Critics have highlighted inconsistencies in Trump's statements, contrasting his past boasts about market surges under his influence with his current dismissal of its relevance.
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