Obama responds to Trump’s divisive tariffs with a direct eight-word statement

 

He went on to say: “For decades our country has been looted, pillaged, raped and plundered by nations, near and far, from both friend and foe alike.”

Financial markets saw severe turbulence in the immediate aftermath. The S&P 500 plunged 6%, the Nasdaq Composite entered bear market territory, and the Dow Jones Industrial Average sank 5.5%.

Fearing a possible recession, investors voiced worries about growing prices for consumers and companies. Obama spoke on the events while speaking.

At Clinton, New York’s Hamilton College. He said: “I have deep differences of opinion with my most immediate successor — who’s now president once again.”

He added: “I don’t think what we just witnessed in terms of economic policy and tariffs is going to be good for America.” “I’m more deeply concerned with a federal government that.

 

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