--- title: "Trump responds to the U.S. stock market crash: Sometimes you have to \"take medicine,\" not intentionally causing the decline" description: "In response to the stock market crash, U.S. President Trump stated that he did not intentionally cause the market decline, saying that sometimes \"you have to take medicine\" to solve problems. He belie" type: "news" locale: "en" url: "https://longbridge.com/en/news/234713100.md" published_at: "2025-04-07T02:54:00.000Z" --- # Trump responds to the U.S. stock market crash: Sometimes you have to "take medicine," not intentionally causing the decline > In response to the stock market crash, U.S. President Trump stated that he did not intentionally cause the market decline, saying that sometimes "you have to take medicine" to solve problems. He believes that while the tariff policy has caused turbulence, it will benefit American businesses and farmers, ultimately benefiting the middle class. Nevertheless, U.S. stocks experienced their worst week since March 2020, with the Dow Jones Industrial Average falling 7.82%, the S&P 500 index dropping 9.08%, and the Nasdaq index decreasing 10.02% According to the Zhitong Finance APP, **U.S. President Trump stated last Sunday in response to questions about the stock market decline that "sometimes you have to take medicine," adding that he did not intend to cause the market drop.** Trump told reporters on Air Force One, "I don't want to see any problems, but sometimes you have to take medicine to solve problems." It is worth mentioning that Trump was similarly dismissive last Thursday regarding the stock market crash triggered by his tariff measures. In response to a reporter's question, he said, "I think things are going very smoothly. This is a surgery. It's a big deal when a patient undergoes surgery. I've said that this is how it is." Although Trump recently stated that he did not intend to cause the market decline, reports indicate that he recently shared a video posted by his supporters on social media, which begins by stating that the stock market crash is "intentional." The video claims that Trump's "tariff policy, while a risky move, is working," and that "the tariff policy encourages American companies to produce domestically and prompts farmers to sell more agricultural products domestically, thereby lowering food prices." The video thus argues that Trump will further reduce prices through adjustments to tariffs and the stock market, "benefiting the American middle class." On April 5, local time, Trump acknowledged that the tariff policy had caused global turmoil, but urged the American people to "be patient." He stated on social media that "in the past, we have always been foolish patsies, but not anymore. We are revitalizing jobs and businesses in an unprecedented way." He added, "This is an economic revolution, and we will definitely win. Although it's not easy, we must hold on; the final result will be historic." Under the impact of the Trump administration's reciprocal tariff policy, the U.S. stock market experienced its worst week since March 2020. Last week, the Dow Jones Industrial Average fell 7.82%, the S&P 500 Index fell 9.08%, and the Nasdaq Index fell 10.02%. Notably, the Nasdaq Index has fallen over 20% from its historical peak, entering a technical bear market. Additionally, the volatility index (VIX), known as the "fear index," rose 109.28% last week. As investors digest the impact of Trump's tariff policy, global markets continue to experience turbulence. Asian stock markets, U.S. stock indices, crude oil futures, cryptocurrencies, and precious metals have all continued to plummet. Meanwhile, Trump has shown no signs of abandoning his tariff plans. He stated, "I can't tell you what will happen in the market. But our country will be much stronger." Trump's senior economic officials have also recently dismissed investors' concerns about inflation and economic recession, showing no remorse for the market turmoil caused by large-scale tariffs globally, instead firmly asserting that an economic boom is on the way. U.S. Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and others firmly announced on Sunday that regardless of market fluctuations, Trump will stick to his tariff agenda. Trump's senior trade and manufacturing advisor Peter Navarro stated that investors should trust Trump's determination, even if the specific levels of tariffs may change through negotiations Bessent stated that over 50 countries have called the White House, but any negotiations will take time. In an interview, he also mentioned that he sees no reason to factor in a recession into pricing considerations, while JP Morgan economists predicted last Friday that the U.S. will fall into a recession this year. In addition to trying to downplay the market sell-off triggered by the reciprocal tariff policy, officials in the Trump administration also attempted to mitigate concerns that reciprocal tariffs would lead to a resurgence of inflation. Kevin Hassett, Director of the White House National Economic Council, acknowledged that U.S. consumer prices "may rise a bit," but he suggested that the concerns of economists, the Federal Reserve, and some lawmakers have been exaggerated. He also stated that Americans will ultimately benefit from the tax cuts and spending cuts proposed by Trump. The consistent comments from Trump's senior economic advisors on Sunday deepened the perception that Trump intends to use tariffs as a long-term policy tool. Trump believes that, despite the potential economic pain, this strategy is worthwhile and can fundamentally reshape the U.S. economy. Several of Trump's senior economic advisors made unified statements on Sunday, reinforcing the view that the president will use tariffs as a long-term policy tool. Despite the potential economic pain, Trump believes this strategy is worthwhile and can fundamentally reshape the U.S. economy ### Related Stocks - [.DJI.US - Dow Jones Industrial Average](https://longbridge.com/en/quote/.DJI.US.md) - [QQQ.US - Invesco QQQ Trust](https://longbridge.com/en/quote/QQQ.US.md) - [SQQQ.US - Proshares UltraPro Short QQQ ETF](https://longbridge.com/en/quote/SQQQ.US.md) - [.SPX.US - S&P 500](https://longbridge.com/en/quote/.SPX.US.md) - [JPM.US - JPMorgan Chase](https://longbridge.com/en/quote/JPM.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Optimism in US at record low: Gallup | Optimism among U.S. adults has reached a record low, with less than 60% expecting high-quality lives in five years, acco | [Link](https://longbridge.com/en/news/275495239.md) | | US business, consumers bore 90 percent of Trump tariff costs: NY Fed | U.S. businesses and consumers have borne approximately 90% of the costs associated with President Trump’s tariffs, accor | [Link](https://longbridge.com/en/news/275922363.md) | | Trump welcomes "great" jobs numbers, says US should pay less to borrow | WASHINGTON, Feb 11 (Reuters) - U.S. President Donald Trump welcomed figures that showed better- than-expected job growth | [Link](https://longbridge.com/en/news/275625073.md) | | Review & preview: Inflation yawner? | Stocks ended the day roughly flat despite a surprisingly cool inflation report. | [Link](https://longbridge.com/en/news/275957992.md) | | CICC Reaffirms Their Buy Rating on NIO Inc. 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