Karoline Leavitt’s four-word message for Wall Street after Trump tariffs tank stock market: Live updates
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Karoline Leavitt is fiercely defending tariffs implemented by Donald Trump as the odds of a global recession skyrocket.
‘To anyone on Wall Street this morning, I would say trust in President Trump,’ she said on CNN.
‘This is a president who is doubling down on his proven economic formula from his first term… this is indeed a national emergency… and it’s about time we have a president who actually does something about it.’
The odds of a global recession passed 60 percent percent for the first time on Friday days after Donald Trump announced global tariffs.
And China is retaliating against the United States in a sign of trade war escalation.
Follow along with DailyMail.com’s live blog:
Karoline Leavitt’s response as the markets tank
Nancy Pelosi loses eye-popping millions in just three days thanks to Trump’s tariffs
Jon Michael Raasch, Political Reporter for DailyMail.com
As the U.S. stock market reels from Donald Trump’s tariff announcement, former House Speaker Nancy Pelosi has slipped down the ranks of Congress’s wealthiest members.
Pelosi, 85, has consistently ranked as one of the wealthiest lawmakers on Capitol Hill over recent years.
Her federally mandated financial disclosures often give insights into her personal holdings, though she claims the trades are handled by her spouse.
Over the last decade the California Democrat and her husband Paul Pelosi, an extraordinarily successful venture capitalist, have doubled their net worth, according to estimates from political money tracker Quiver Quantitative.
According to data compiled by Quiver’s Pelosi tracker, including congressional asset filings, Pelosi’s net worth has more than doubled in the past decade from $123 million in 2014 to hitting an estimated $270 million earlier this year.
China launches major trade war response with 34% additional tariffs on US goods
Beijing announced the measure today, the most serious escalation in a trade war with Trump that has fed fears of a recession and triggered a global stock market rout.
Trump unveils his new ‘Gold Card’ visa design for the first time including a VERY familiar design
President Trump brandished a sample of his new $5 million gold card that lets foreigners buy their way towards citizenship – with a familiar face slapped on it.
Trump’s trade war ‘means 60% chance of global recession’
Fears of a global recession triggered by Donald Trump’s trade war are mounting today
China hit back by mirroring America’s 34 percent charges on its exports, in a grim sign of escalation.
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