President Donald Trump reacted for the first time Thursday at the repercussions of its pricing announcement, which included markets to the nipation and to foreign leaders threatening reprisals.
Trump had no public event on his schedule one day after his dramatic unveiling of serious prices against almost all American trade partners, but he asked a single question when leaving the White House Thursday afternoon for a trip to a golf event in Miami.
“The markets today are declining … how are you?” A journalist asked the president.
“I think it’s going very well,” said Trump. “It was an operation. I like it when a patient is operated and it is a great thing. I said it would be exactly like that.”
Trump continued to project confidence and said the nations were affected now to see if they can “conclude an agreement”.
“The markets will explode, the stock will explode, the country will explode, and the rest of the world wants to see, there is a way of concluding an agreement.” Said Trump. “They have taken advantage of us for many years. For many years, we have been on the wrong side of the ball. And I will tell you what, I think it’s going to be incredible.”
President Donald Trump speaks to journalists before leaving the South White House lawn in Washington, DC, on April 3, 2025.
Saul Loeb / AFP via Getty Images
Later, addressing journalists on Air Force One, Trump once again declared that he was ready to conclude an agreement despite the press secretary of the White House, Karoline Leavitt and others earlier in the day, seeming to say that the prices would not be modified
“The prices give us great power to negotiate,” said Trump. “Always, I used them very well in the first administration, as you have seen, but now we carry it to a whole new level, because it is a world situation, and it is very exciting to see.”
When asked if he was open to dealing with these countries, he replied: “Well, it depends. If someone said that we are going to give you something that is so phenomenal, as long as they give us something, that’s good.”
Earlier Thursday, officials of the Trump administration were deployed to face the spinoffs of morning news issues.
“The president clearly said yesterday, it is not a negotiation. It is a national emergency,” said Leavitt on CNN.
He is always ready to get the phone to answer calls, but he presented the case yesterday for why we do it and these countries around the world were 70 years old to do the right thing by the American people, and they chose not to do so, “added Leavitt.
“I do not think there is a chance that President Trump will take off his prices,” said trade secretary Howard Lutnick on the network.
World leaders weigh their response to Trump’s historic samples, some of which come into force on April 5 and others on April 9.
ChinaWhich will be affected by a rate rate of 54%, urged the United States to “immediately cancel its unilateral tariff measures and properly resolve the differences with its business partners by an equal dialogue”.
Vice-president JD Vance arrives to attend President Donald Trump’s remarks on reciprocal prices during a White House Garden Rose event in Washington, DC, April 2, 2025.
Saul Loeb / AFP via Getty Images
At the national level, the actions plunged at the start of negotiations on Thursday. The industrial average of Dow Jones dropped by 3.75%, the Nasdaq, heavy in technology, decreased by 5.75% and the S& P 500 tumbled 4.4%.
Vice-president JD Vance, before the market sale, admitted that the new massive Trump prices will mean a “big change” for the Americans. Trump, before Wednesday’s announcement, admitted that there could be short -term pain.
“The President Trump takes this economy in a different direction. He ran on it. He promised it. And now he delivers. And yes, this is a big change. I will not avoid it, but we need a big change,” said Vance to “Fox to” & Friends.”
Leavitt also defended politics while Trump “drawing his promise to implement reciprocal prices” during an appearance on CNN.
“To anyone at Wall Street this morning, I would say that confidence in President Trump is a president who doubles his proven economic formula of his first mandate,” she said.
The press secretary of the White House, Karoline Leavitt, talks to journalists outside the west wing of the White House in Washington, on March 27, 2025.
Jim Lo Scalzo / Epa-Efe / Shutterstock
Neither Vance nor Leavitt directly approached the increased costs that economists say that American consumers are almost sure to cope or how they would help Americans.
“What I would ask people to appreciate here is that we are not going to repair things overnight,” said Vance. “We are fighting as quickly as possible to repair what we had left, but that will not happen immediately.”
Asked about the negative commercial reaction, Lutnick told CNN: “They do not count the factories” which he affirmed would be built in the United States accordingly.
“Let Donald Trump direct the world economy. He knows what he is doing,” said Libnick.
Trump said on Wednesday that Jobs would come back to “roar”.
But asked on Air Force One on Thursday how long it would take to bring American manufacturing to the place where he would like to see it, Trump said: “Well, let’s say it’s a two -year process. You know, they start a factory and they are big plants.”
He continued. “We also give them the approval of the construction of the electrical installation. So you have the production of electricity and the plant, and these are large plants. Now, the good news is a lot of money for them, and they can build them quickly, but they are always very large plants. I would always say that it would take a year to two years.
