Trump Brushes Off Stock Market Concerns: 'That Could Take Care Of Itself In One Day'

Speaking to reporters in the Oval Office, President Trump brushed off concerns about the stock market.

Transcript

00:00tariffs next week. Will those be immediately effective April 2nd on all countries, or will

00:04you focus on the worst offenders? No, we're going to make it all countries and we're going to make

00:10it very lenient. I think people are going to be very surprised. It'll be in many cases less than

00:16the tariff that they've been charging us for decades. So I think people are going to be very,

00:21very surprised. I think they'll be pleasantly surprised. I think we're trying to keep it

00:27somewhat conservative. And on these auto tariffs, we saw obviously the NASDAQ 100 go down 2% at

00:32close, S&P 500 down 1%. What are you, are you concerned about that? Yes, sir. I didn't say

00:38that. I want to see the jobs. I want to see that. It'll all take care of itself. That could take

00:42care of itself in one day, two days or one week. Are there any conditions under which you'd remove

00:47these auto tariffs, sir? Or is this permanent for the rest of your term in office? Oh, this is