Trump's Tone-Deaf Reaction: What He Said About Americans' 401Ks

President Donald Trump headed to Florida On Thursday, he offered an optimistic view when questioned about how things were going following the market crash due to his reciprocal tariff announcement.

"I believe things are progressing quite smoothly. It was akin to an operation; much like when a patient undergoes surgery, which is a significant event. I mentioned that this situation would unfold precisely in that manner," the president stated to journalists at the South Lawn.

He stated that between six or seven trillion dollars was expected to flow into the country.

Shortly after, aboard Air Force One, he informed UbiNews that Americans should not concern themselves over their 401(k)s.

"I haven't looked at my 401(k)," he merely responded.

However, by noon on Thursday the Dow had plummeted 1,400 points, causing significant anxiety among many Americans about their dwindling life savings.

Once the markets shut down at 4 pm in New York, t he S&P 500 was down 4.84 percent, its worst day since June 2020 — as $2 trillion was wiped from an index almost every American has in their normal and retirement investments.

And world leaders have been in panic mode trying to strike a deal with the president with just six days until the tariffs are implemented.

"The markets will surge, stocks will rise, and our nation will thrive; meanwhile, other countries are eager to explore potential deals," the president added.

He then complained: 'They've taken advantage of us for many, many years.'

'You'll see how it's going to turn out, our country's going to boom,' he reiterated.

Trump departed for Florida with his Chief of Staff Susie Wiles and his body man Walt Nauta.

Trotting behind them was embattled National Security Advisor Michael Waltz, who had three staffers fired Thursday after right-wing MAGA figure Laura Loomer influenced Trump’s thinking and urged for dismissals within the National Security Council.

Trump is heading to his Trump National Doral Miami, where he will be attending a dinner kick-off for a LIV Golf tournament.

The president informed journalists that the dinner was intended for charitable purposes and he would return to Washington shortly.

On Wednesday, Trump introduced reciprocal tariffs globally amid significant acclaim.

He gathered congressional supporters, cabinet officials, and employees—wearing hard hats—together in the White House Rose Garden for what was termed as 'Liberation Day.'

Nations across the globe will face a minimum of a 10 percent tariff on their imported goods, with some tariffs skyrocketing up to an impressive 50 percent.

The tariffs are imposed due to 'obstacles for new entrants.' This implies the European Union will face 20 percent tariffs as it imposes a 39 percent tariff on American goods, according to White House data.

On the contrary, the U.K. escaped with comparatively minor consequences.

As it imposes a 10 percent tariff on the United States, America will reciprocate with a 10 percent payment, according to the White House.

China will pay a 34 percent tariff, with the White House calculating that the U.S. pays 67 percent when currency manipulation is factored in.

'My fellow Americans, this is liberation day, we've been waiting for a long time,' Trump proclaimed. 'In a few moments, I will sign a historic executive order instituting reciprocal tariffs on countries throughout the world.'

Markets, in turn, reacted dramatically - making a nosedive.

The betting site Polymarket on Thursday put the chances of a U.S. recession at more than 50 percent.

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