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2025-04-19

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Is Trump intentionally causing the stock market to crash? Buffett and Berkshire come forward to refute online reposts.

Is Trump intentionally causing the stock market to crash? Buffett and Berkshire come forward to refute online reposts.
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On April 4th, U.S. President Trump reposted a video suggesting that he intentionally caused the stock market crash. In the video, internet personality 薩丁 points out that Trump's high tariff policies aim to create panic, leading to a 20% decline in the stock market, and claims that this will encourage companies to bring jobs back to the U.S., resulting in employment and prosperity. However, Berkshire Hathaway later issued a statement debunking the viral claim that Buffett praised Trump's economic measures, calling it misinformation. Despite the continuous drop in the U.S. stock market, Trump still participated in a golf tournament, seemingly unfazed.

The President of the United States shared a video on the X platform on April 4, when the US stock market experienced a significant drop for the second consecutive day. Since he launched the "reciprocal tariffs" plan on April 2, global stock markets have undergone drastic changes, with the economic outlook for the US almost immediately shifting from stable growth to impending recession. Is this part of what he calls the "big plan"? His sharing seems to suggest that the sudden market collapse is indeed part of his strategy.

In a social media post on April 4, the President reposted a video from the X platform on Truth Social. The video screenshot boldly indicated: “Trump is Purposely CRASHING The Market.” This content appears to be a transcription from TikTok, where the narrator discusses Trump's plan.

The narrator, named “Sardin,” claims that Trump's high tariffs are intended to create panic, stating, “Trump has caused the stock market to plummet by 20% this month, but he has a purpose.” Sardin claims to be a financial trading expert, offering investment advice and education on his website. He mentions that American stocks are controlled by a few, with 94% concentrated in the hands of 8% of Americans, so the resulting market damage will only affect the "1% elite," while the majority of Americans, including the middle class, will remain unaffected. This will lead companies to relocate to America, allowing American workers to regain high-paying and stable manufacturing jobs, purchasing American-made products, ultimately bringing lasting prosperity to the US, which is referred to as the “fourth-dimensional level” strategy.

However, Sardin also claims that the "Oracle of Omaha" recently pointed out that Trump's actions are the smartest economic measures in nearly 50 years. This statement quickly drew the attention of a certain investment firm, which promptly issued a signed statement on April 4, declaring that the current social media rumors related to them are false information, although it does not explicitly mention it, it is clearly aimed at the video shared by Trump.

Berkshire Hathaway, owned by Warren Buffett, issued a statement on April 4, stating that the claims circulating about Buffett praising Trump’s tariffs are completely unfounded.

After the US stock market experienced two consecutive days of plummeting, the President seems to remain calm; he participated in a senior golf tournament hosted by Saudi Arabia on Saturday and successfully advanced, participating in the finals on Sunday.