Trump says he’s not even looking at stock market, tarifs will make us ‘very strong’

President Donald Trump said Thursday that his administration would not consider stock market reaction when hammering out the details of its tariff policy.

When asked when the decision to pause tarifs On many products from canada and mexico for one month was due to the stock market, trump said the decision to do the market. be very strong with what is happying here. “

“This is very much about companies and counts that have ripped off this country, our country, our beloved united states. And they’re not going to be ripping us off on more. So, I know, you know, Impact on the market, “The President Added.

Trump made the remarks in the oval office on Thursday at an event for signing executive Orders.

The comments come as the stock market has struggled in recent days, with the Major Wall Street Averages Heading for a losing week,

Some on Wall Street Have Hooped That Trump, Who was Seen as Friendly to Business during his first term and as a candidate, would consider the stock market as equitimate. This idea is sometimes called the “trump put,” a play on options terminology that sugges the president would keep the stock market from Falling Too Far.

However, the Trump Administration has Continued to take an aggressive posture on trade in recent days in recent days without Trump’s First Term Casts Doubt on the “trump put” idea.

Also on Thursday, COMMERCE SECRETARY HowAD LUTNICK SAID that Trump’s Focus was broader than the daily moves of the stock market.

“The President Wants American Growth and American Prosperity, Ok? And the fact that the stock market goes down half a percent or percent, it goes up half a percent or percent, that is not the driving form Outcomes, “Lutnick said on CNBC CHURSDAY. “The President is focused on rebuilding america, and you are going to see Growth in America. … You’re going to see interest rates drop 1% or more. You’re going to see the stock market explode.”