Trump says that he is not even looking at the stock market, tariffs will make us “very strong”

President Donald Trump said Thursday that his administration would not consider the reaction of the stock market by marking the details of his rate policy.

When asked if the decision of Pause tariffs In many products from Canada and Mexico for a month, Trump said the decision had nothing to do with the market. I am not even looking at the market, because in the long term of the United States it will be very strong with what is happening here. “

“It’s a lot of companies and countries that have started this country, our country, our beloved United States. And they will no longer tear us. So, I think, I think that has an impact on the market,” added the president.

Trump made the comments at the Oval office on Thursday at an event to sign executive orders.

Comments occur when the stock market has had problems in recent days, with the main averages of Wall Street addressing a Lost week.

Some in Wall Street have expected Trump, who was seen as friendly with business during his first mandate and as a candidate, would consider the stock market as a kind of approval index. This idea is sometimes called “Trump put”, a game about the terminology of the options that the president would prevent the stock market from falling too much.

However, the Trump administration has continued to take an aggressive position in trade in recent days, even when it has apparently caused a sale of shares, and Nomura economists said in a note that the reality of Trump’s first mandate Give doubt About the idea of ​​”Trump put”.

Also on Thursday, the Secretary of Commerce Howard Lutnick said the Trump approach was broader than the daily movements of the stock market.

“The president wants American growth and American prosperity, okay?” The president focuses on the reconstruction of the United States, and you are going to see growth in the United States … you will see that interest rates fall 1% or more. You will see the stock market exploit. “