RawDiary

Trump on Market Crash: 'You Have to Take Medicine'

In a defiant address amid a global economic freefall, President Trump insists his sweeping tariffs are the necessary 'medicine' to correct America’s trade imbalance, even as stock futures plunge and safe-haven currencies surge worldwide. His rhetoric underscores a deepening market crisis and polarized political debate, as rivals and allies alike brace for turbulent days ahead.

24 Hours President Trump defends his aggressive tariff strategy as global markets spiral into chaos. In Asia, currencies and stocks react sharply, while Bitcoin and other crypto assets slide amid trade war jitters. The Middle East sees renewed conflict with US strikes and shifting militia positions, intensifying regional instability. Domestically, protests erupt as border corruption and judicial rebukes spotlight immigration controversies. Energy prices plunge and major corporations face collapse under tariff pressure, fueling recession fears. Meanwhile, diplomatic pressure mounts worldwide as over 50 nations demand tariff cuts, setting the stage for high-stakes negotiations.

Number 45% - Goldman Sachs recession odds

Quote "Trump's tariffs are a brutal wake-up call." — Bill Ackman