Leavitt Discusses The Effect Of Trump’s Tariffs On The Stock Market: ’Wall Street Will Be Just Fine’

2 days ago

During Tuesday’s White House Press Briefing, Press Secretary Karoline Leavitt answered questions about how Wall Street will respond to Trump's tariffs.

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Transcript

00:00One more on the tariffs.

00:02Can you say what the latest thinking is on the start date?

00:05I know you were just in the Oval.

00:06Are they all going to take effect this week

00:08on the reciprocal tariffs?

00:10And whenever they start, is that enough time for companies

00:13and everyone involved to adjust to that start date?

00:15My understanding is that the tariff announcement

00:18will come tomorrow.

00:19They will be effective immediately.

00:21And the President has been teasing this

00:23for quite some time, as you know.

00:24He's talked a lot about April 2nd

00:26as Liberation Day in America.

00:27It would be taking place today, if not for April Fool's Day.

00:30But tomorrow will be the day.

00:32And he's been talking about it for a while.

00:34And as a result, you've seen these companies

00:36make commitments to investing right here in the United

00:38States.

00:39Jasmine.

00:39Thank you so much.

00:40I wonder, back on tariffs, what, if any, market indicators

00:45is the White House looking for to see if this tariffs

00:48plan is successful down the line?

00:50Well, look, the President has been

00:52asked to answer this question about the stock market

00:54and whether he's watching it.

00:55And I've said, and he has said, the market

00:57is a snapshot in time.

00:58Yesterday, Dow futures were up.

01:00And there's been a lot of talk about the market.

01:02And it was up yesterday.

01:04So, look, the President wants to ensure

01:06that all Americans make out well,

01:08particularly Main Street.

01:09That's the focus of these tariffs.

01:11But as I've said repeatedly, just like they did in their —

01:14just like they were in his first term,

01:15Wall Street will be just fine.

01:17Shelby.

01:17Thanks.

Leavitt Discusses The Effect Of Trump’s Tariffs On The Stock Market: ’Wall Street Will Be Just Fine’

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