Economist: Trump Didn’t Intend Market Crash

Economist: Trump Didn’t Intend Market Crash

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White House Downplays Trump’s Market manipulation Claims Amid Tariff Concerns

White House Downplays Trump’s Market Manipulation Claims Amid Tariff Concerns

Published: April 7, 2025

Key Points

  • National Economic Council director Kevin Hassett refutes allegations that President Trump intentionally caused a stock market downturn.
  • Hassett asserts that teh President’s primary objective is to improve the economic well-being of American workers, not to destabilize financial markets.
  • Treasury Secretary Scott Bessent advises investors to maintain a long-term outlook despite short-term market volatility.

The Controversy Unfolds

On Monday, April 7, 2025, the White House found itself in damage-control mode following a social media post by President Donald Trump that appeared to suggest a deliberate manipulation of the stock market. The post, originating as a TikTok video in March and reshared by Trump on April 4, hinted that the President orchestrated a market dip – perhaps as steep as 20% – as part of a broader economic strategy designed to ultimately benefit investors willing to play the long game.

The video surfaced just days after the President announced a new round of tariffs, sparking immediate market jitters and drawing criticism from both sides of the aisle.The timing of the post amplified concerns that these tariffs were not merely a negotiating tactic, but a calculated move to reshape the American economy, irrespective of short-term consequences. The video’s claims stand in stark contrast to conventional Republican pro-market stances, further fueling the controversy.

Economist: Trump Didn’t Intend Market Crash
Stock market volatility in response to presidential announcements. (Photo by Chip Somodevilla/Getty Images)

Kevin Hassett, Director of the National Economic Council, swiftly stepped in to address the growing concerns. in a series of media appearances, Hassett firmly denied any intentional efforts to trigger a market crash, emphasizing the governance’s commitment to the American workforce.

“The President’s main goal is to improve the lives of

Do you think the current administration’s approach to tariffs offers potential benefits? Share your thoughts via the comments below

Interview: Navigating Market Volatility and Trump’s Tariff Strategy

An Archyde News Exclusive

Interview with Analyst Marcus Bellweather

Archyde News Editor had the prospect to speak with Marcus Bellweather, a seasoned financial analyst at Global Macro Insights, to discuss the recent market fluctuations and the implications of President Trump’s tariff policies.

Understanding the Market’s Reaction

Archyde: Marcus, thank you for joining us. The market experienced a notable downturn following the declaration of new tariffs. Can you give us your perspective on the initial reaction?

Marcus Bellweather: Certainly. The market’s reaction was immediate and quite pronounced. The stock market dropped over 2% on the first trading day after the tariff announcement. This volatility reflects investor concerns about the potential impact of these tariffs, not just on the global economy, but also on domestic industries reliant on international trade, the market dip was in response to a new round of tariffs.

Archyde: The White House has sought to downplay claims suggesting market manipulation by President Trump. How credible is this damage control, considering the timing of the tariffs and President’s social media activity?

Marcus Bellweather: The White House’s stance is understandable, managing market expectations is a complex dance.The president’s social media post, hinting at manipulating the market, certainly added fuel to the fire. I believe that Treasury Secretary Bessent’s advice of maintaining a long-term investment outlook, is an frequently enough overlooked part of playing in the market.

Tariffs, Tactics, and Long-Term Impacts

Archyde: How are investors likely reassessing their portfolios considering these developments?

Marcus Bellweather: Investors are likely to become more risk-averse, at least in the short term. This is expected given their need to navigate an uncertain trade environment. We’re seeing a shift towards sectors less susceptible to the immediate effects of trade wars and tariffs.

Archyde: Do you believe the long-term impact of these tariff policies will be felt?

Marcus Bellweather: Yes, definitely.The long-term effects coudl be significant, impacting everything from supply chains and inflation to overall economic growth. It’s also worth noting that the situation’s evolution requires careful monitoring. It is crucial to be aware of the broader context.

Archyde: Hear from Archyde newsroom is a question to you: Do you think the current administration’s approach to tariffs offers potential benefits? Share your thoughts via the comments below.

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