Fox News' Peter Doocy confronts Trump over markets facing 'worst day in years' amid his tariff rollout

WASHINGTON, DC: Donald Trump stressed that things were “going very well” following his tariff rollout after Fox News' Peter Doocy confronted the president about the markets’ suffering.

On Wednesday, April 2, the president announced sweeping tariffs of at least 10% on most imported goods. He called it a “declaration of economic independence” during a Rose Garden event.

The 47th president added, “We will charge them approximately half of what they are and have been charging us, so the tariffs will not be reciprocal. I could have done that, I guess, but it would have been tough for a lot of countries and we didn’t want to do that.”

Fox News' Peter Doocy questions Donald Trump after stocks dip

However, as per MEDIA ITE, the stock market was affected badly soon after the new rule’s announcement. It reported that multiple stocks plunged after the market closed, and it got worse Thursday morning as soon as the market opened.

Doocy asked the tough question to Trump as he was leaving for a LIV Golf tournament Thursday.

The 37-year-old correspondent asked, “The markets today are way down — the worst day in years — because of the tariffs. So, how’s it going?”

Donald Trump asserts markets are doing ‘very well’

But the Republican leader appeared to deny it as he claimed, “I think it’s going very well. It was an operation, like when a patient gets operated on. It’s a big thing. I said this would exactly be the way it is.”

“We have six or seven trillion dollars coming into our country, and we’ve never seen anything like it. The markets are gonna boom; the stock is gonna boom; the country is gonna boom; and the rest of the world wants to see if there is any way they can make a deal,” he stated.

Trump also accused foreign nations of taking advantage of America “for many, many years,” as he added, “For many years, we’ve been at the wrong side of the ball; and I’ll tell you what, I think it’s gonna be unbelievable.”

Netizens slam Donald Trump, say ‘no legitimate economist thinks this works’

Meanwhile, people have shared their thoughts after Trump said everything was fine after rolling out the tariffs despite turmoil in the stock market.

A person on X tweeted, “Really he said this? I thought he said he would bring prices down on day one.”

Another person wrote, “He’s lying.”

“Agree! ‘Boom’ Not sure I agree on the exact type of boom though,” the third one sarcastically mentioned.

An individual posted, “Bye Bye Growth...Welcome to the Greatest Depression the US has ever Seen..Yes..The Entire World is affected but it has become closer and united than ever before.. Hopefully the tariffs are rolled back...Sooner the Better for Everyone.”

The second individual said, “From whom and where is this massive amount in the Trillions coming from and when? Please..I know it’ll be here in 2 weeks, like his great insurance plan, infrastructure week, etc.”

“No legitimate economist thinks this works. By all means, follow the guy who has driven six of his business ventures into bankruptcy,” a tweet read.

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