Less than half an hour before the opening bell on Friday, April 4, President Donald Trump shared a video claiming that the single-largest decline in the New York Stock Exchange since March 2020 was not a blunder but rather the very basis of the president’s double-digit, universal tariff regime.
“So, why is he doing this?” asks an anonymous TikTok user. “To push cash into Treasurys, which forces the Fed to slash interest rates in May, and those lower rates give the Fed the ability to refinance trillions of debt very inexpensively.”
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