'TRUST IN TRUMP': Leavitt Talks Tariffs on CNN, 'It's the Rule for the Golden Age of America' [WATCH]

White House Press Secretary Karoline Leavitt spoke with CNN Thursday morning and offered a little advice when asked what she’d say to “anyone on Wall Street” watching the market take a hit following President Trump’s tariff announcements.

“What I would say to anyone on Wall Street this morning is trust in President Trump,” Leavitt said. “This is a president who is doubling down on his proven economic formula from his first term. We saw wages increase. We saw inflation come down. We have a Trump energy boom. We had the largest tax cuts in history.”

Leavitt continued, saying the reciprocal tariffs are the “rule for the Golden Age of America.”

“The United States of America is no longer going to be cheated by foreign nations around the world. And as the President declared yesterday, this is indeed a national emergency. We have a $1.2 trillion trade deficit and counting. We’ve had 90,000 factories close in the last couple of decades. Since 1997, Americans have been put out of  5 million manufacturing jobs.”

“It’s about time we have a President who actually does something about it.”

“This is going to restore more wealth, more jobs, more economic prosperity to our great country.”

Watch the clip below:

President Trump is doubling down on the economic agenda from his successful first term where we saw growth, low inflation, a significant increase in real wages, and American workers put first. 

With historic tax cuts, massive deregulation, and our energy industry unleashed – we… pic.twitter.com/dr6pwuBbFh

— Karoline Leavitt (@PressSec) April 3, 2025

From The New York Post:

Stocks cratered Thursday morning — a day after Trump unveiled a historic batch of reciprocal tariffs that could fuel an all-out trade war and batter economies around the world.

The Dow Jones Industrial Average plunged 1,585, or 3.8%, as of 10 a.m. ET.

The S&P 500 plummeted 3.4% and the Nasdaq nosedived 4.5% after Trump revealed at least 10% tariffs on all imports, and much harsher rates on dozens of countries after the markets closed on Wednesday.

“This was the worst-case scenario for tariffs and were not priced into the markets, which is why we are seeing such a risk-off reaction,” Mary Ann Bartels, chief investment strategist at Sanctuary Wealth, said in a note.

“We’re expecting rocky markets for the next few months, and through the end of the first half of the year,” she added.

VANCE ON DEPORTATIONS: ‘We Do Not Ask Permission from Far-Left Democrats … We Do The American People’s Business’ [WATCH]