President Trump likes to cite the stock market when it’s rising as a sign of his policy success, so what does he think about Monday’s plunge? The Dow Jones Industrial Average took a 650-point header after he announced that he’ll hit Mexico and Canada on Tuesday with 25% tariffs.
Mr. Trump said at the White House there was “no room left” to negotiate with the two American trade treaty partners. Some of his smarter advisers have been hoping he’d start renegotiating the USMCA and delay the tariffs. But Mr. Trump wants tariffs for their own sake, which he says will usher in a new golden age.
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