Trump Urges Americans to ‘Hang Tough’ as Tariffs Trigger Concerns and Market Freefall

The Week Ahead: April 5, 2025

— Trump urges Americans to “hang tough” as tariffs trigger market freefall. President Donald Trump took to Truth Social Saturday to defend his sweeping new tariff policy after global markets plummeted and bipartisan criticism mounted. The tariffs — announced on what Trump dubbed “Liberation Day” — have triggered one of the sharpest market downturns since 2020, erasing trillions in market value. Trump called on Americans to “hang tough,” promising that although the new levies “won’t be easy,” the end result would be “historic.”