On CNN, Karoline Leavitt shared a message to stock market investors as the market plunges following President Trump's tariff announcement.
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NewsTranscript
00:00Caroline, thank you very much for your time this morning. There's been a lot of reaction
00:04overnight since the announcement and since we all basically were asleep.
00:08What is the White House reaction to, as we just had those numbers up,
00:13global markets tumbling this morning and futures down sharply?
00:18To anyone on Wall Street this morning, I would say trust in President Trump.
00:22This is a president who is doubling down on his proven economic formula from his first term.
00:28We saw wages increase. We saw inflation come down. We had a Trump energy boom. We had the largest tax
00:34cuts in history. And that's exactly what the president intends to do following his historic
00:39announcement yesterday for reciprocal tariffs. It's the golden age rule for the golden age of
00:44America. And the United States of America is no longer going to be cheated by foreign nations
00:49around the world. And as the president declared yesterday, this is indeed a national emergency.
00:55We have a $1.2 trillion trade deficit and counting. We've had 90,000 factories close
01:01in the last couple of decades. Since 1997, Americans have been put out of
01:06five million manufacturing jobs. These are not just statistics. These are real American
01:12lives that have been impacted. And it's about time we have a president who actually does
01:16something about it. This is going to restore more wealth, more jobs, more economic prosperity
01:20to our great country.