White House Urges Investors to ‘Trust President Trump’ Amid Market Jitters

The White House is calling on investors to remain confident in President Donald Trump, defending his sweeping new tariffs as a continuation of his proven economic playbook.

“To everyone on Wall Street this morning, I want to say: trust President Donald Trump,” said White House Press Secretary Karoline Leavitt on April 2. “This is a president who is sticking with the same economic formula that worked in his first term.”

Her remarks came just hours after President Trump announced a sweeping 10% tariff on all imports to the United States, starting April 5. Beginning April 9, retaliatory tariffs of up to 50% will target trade partners deemed to be disadvantaging American workers.

Leavitt emphasized that the new tariffs send a message: “America will no longer be taken advantage of by other countries.” She also signaled there would be no backing down. “The President made it clear—this is not up for negotiation. He’s always willing to take a phone call, but we’ve explained why this action is necessary. The rest of the world had 70 years to treat American workers fairly—and they didn’t. President Trump is ending that era.”

Markets, however, responded with concern. U.S. stock futures fell sharply after the tariff announcement, with investors bracing for a possible global trade war. All three major indexes—Dow Jones, S&P 500, and Nasdaq—opened down more than 3% on April 3.

Despite Leavitt’s reassurance, investors rushed to sell off shares, triggering a wave of volatility across the market.

President Trump acknowledged the disruption but argued the economy would bounce back even stronger. “The surgery is over! The patient is alive and recovering,” Trump wrote on Truth Social. “Diagnosis: The patient will be healthier, bigger, better, and more resilient than ever before.”

The tariff move sparked international backlash, with several countries calling it “irrational” and warning of potential retaliation.

Vice President JD Vance defended the policy, calling it “a major but necessary shift” to counter a global economy that “forces Americans to rack up debt buying goods other countries make for us.”

(Sources: AFP, CNN)

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