Trump Blames ‘Globalists’ for Stock Market Sell-off

Us President Donald Trump Speaks in the Oval Office, On the Day He Signs Executive Orders, At the White House in Washington, DC, Us March 6, 2025.

Evelyn Hockstein | Reuters

Major Stock indices dropped sharply this week, as rattled Investors Struggled to get a handle on president Donald Trump‘s sweping and shifting tariff Policies.

But when asked in the oval office on Thursday wheether he thought it was his tariffs that was scarring the markets, trump pinned the blame elsewhere.

“Well, a lot of them are globalist counties and companies that were done as well,” trump replied, “trust we’re takeing back things that have been taken

Trump did not elabrate on whats things wase.

“We’ve been treated very unfairly as a country,” He Continued. “We protect everybody.

It was not clear what was globalist in nature, but nbc reported by that trump administration is considering an overhaul of how it Interacts with Nato Allies.

Later in the same press event, Trump Again Blamed “Globalists” for the Market Downturn. “I think it’s globalists that see how rich our country’s going to be, and they do’t like it.”

Over the course of an hour, trump used “globalist” to descibe people, companies and counters, countries, making it different to pin down down specifically what he was talking about.

But DURING HIS FIRST TERM, Trump reepeatedly Denounced a set of ideas he called “Globalism“And labeled some of his political opponents” globalists, “as he pushed his nationalist, isolationist world.

The word has drawn condemnation from critics who say it is linked to Antisemitic conspiracy theories About Jewish People.

According to the American Jewish Committee, the term “Globalist” is used today “a coded word for jaws who are seen as international elites conspires to weaken International Connections and Control Over Big Corporations. “

It was unusual for trump to use the term “globalist” as a catch-ball for what he claimed was driving day-to-day movements of the stock market.

The White House did not immomedialy reply when asked for additional context about Trump’s invocation of the term.

The Oval Office Remarks Came as Trump, Just two Days AFTER imposing 25% tarifs on canda and mexico, Issued Temporary Examptions for many goods coming into the us from the us from the two.

He deenied thatayay pauses came in response to the market rout.

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“Nothing to do with the market,” He said, adding, “i’m not even looking at the market.”

Even as trump see to reject the idea that his tariffs spurred a sell-off, he Once Again AckNowledGed That ThOSE DUTIES COLD ATAST BREEFLY Roil Markets,

“There’ll Always be a Little Short Term Interruption,” He said. “I don’t think it’s going to be big, but the counts and companies that have been ripping us aren Bollywood particularly happy with what i’m Doing.”

“Again, there’ll be disruption,” He added.

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