President Trump Claims Stock Market Crash is Intentional: What You Need to Know

President Trump’s recent announcement of sweeping tariffs on nearly 200 countries has sent global markets into a tailspin for the second consecutive day. As the markets plummeted, the president took to social media to share a video claiming that the crash is intentional.

In the video posted on Truth Social, Trump’s social media platform, the caption reads: “Trump is playing chess while everyone else is playing checkers.” The video suggests that Trump is purposely crashing the stock market to push cash into treasuries, force the Federal Reserve to slash interest rates, and ultimately benefit the middle class.

However, Federal Reserve Chair Jerome Powell expressed concerns that the tariffs could lead to higher inflation and slower economic growth. Despite Trump’s assurances that the markets will “boom” thanks to his tariffs, experts are skeptical of the long-term impact.

As the 10 percent “baseline” tariffs are set to take effect soon, the global economy remains on edge as countries like China and the European Union respond with their own levies. The uncertainty surrounding the trade war and its implications for the economy has investors and analysts on high alert.

With the markets reeling from the impact of Trump’s tariffs, the world waits to see how this high-stakes game of economic chess will unfold in the coming days and weeks.