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2025-04-21

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Does Trump really ignore the impact of the stock market crash? A statement from his son is worth global attention.

Does Trump really ignore the impact of the stock market crash? A statement from his son is worth global attention.
讀後心得
U.S. President Trump and his son Eric played golf at their private golf club on Thursday, during which the U.S. stock market dropped more than 1500 points for two consecutive days, escalating market panic. Although Trump remained calm, insiders revealed that his tolerance for the stock market crash is nearing its limit. The White House has received inquiries from businesses and lobbying groups, but it remains unclear whether this will impact its tariff policy. Eric stated on social media that the first person to negotiate with Trump would be the winner. Trump emphasized that the tariff policy would not change and continued to monitor the stock market dynamics.

The President of the United States was seen golfing with his second son, Eric, in a golf cart at their private golf club on Thursday. The U.S. stock market had crashed for two consecutive days, sparking panic among global investors, yet the President appeared unfazed as he enjoyed his time on the course. According to insiders, although Trump seems indifferent on the surface, he is actually very attentive to the dynamics of the stock market.

Eric stated on social media that whoever can negotiate with his father first will be the winner in the process. After Trump announced a shocking "reciprocal tariff," he happily returned to Florida the next day to play golf, while the U.S. stock market had already seen a drop of over 1500 points for two consecutive days, resulting in a loss of $6 trillion in market value.

An unnamed White House staffer revealed that Trump deliberately refrains from making public comments during U.S. stock trading hours and emphasized that he is always focused on the market's progress. A Republican political aide indicated that while the President may not be influenced by the stock market, he will still monitor related changes closely.

Contacts who have interacted with Trump noted that the sharp decline in the stock market is nearing the limit of the President's patience. Recently, the White House has received numerous calls from business owners and lobbyists, but it remains unclear whether these calls will impact Trump’s tariff policy.

While some advisors emphasize that the intention of the tariff policy is to restructure global trade, those who know Trump believe that it is merely a tactic for negotiation. Eric posted on X platform expressing that he does not want to be the last one to negotiate with Trump, highlighting that the first negotiator will be the winner.

It is reported that Trump has begun discussions with Vietnam, India, and Israel, and these talks may lead to bilateral agreements before the tariffs take effect.

  • The U.S. Secretary of Commerce mentioned competition in the chip industry, noting that semiconductor tariffs will be a focus in the future.
  • Trump reiterated that his tariff policy will not change, stating that China's retaliatory actions show they are feeling anxious.
  • In the past two days, the U.S. stock market has plummeted, resulting in a loss of $6 trillion in market value, with the Dow Jones Industrial Average falling by 2200 points and the Nasdaq Index entering a bear market.