--- title: "Trump's State of the Union Address: \"Tariffs Boosted the Stock Market,\" Large Tech Companies Need to Build Their Own Power Plants, Legislation Should Prohibit Lawmakers from Trading Stocks" description: "In his first State of the Union address during his second term, Trump stated that the stock market is at a \"record high,\" inflation has \"plummeted,\" and expressed that it is \"very regrettable\" that th" type: "news" locale: "en" url: "https://longbridge.com/en/news/276834710.md" published_at: "2026-02-25T06:38:17.000Z" --- # Trump's State of the Union Address: "Tariffs Boosted the Stock Market," Large Tech Companies Need to Build Their Own Power Plants, Legislation Should Prohibit Lawmakers from Trading Stocks > In his first State of the Union address during his second term, Trump stated that the stock market is at a "record high," inflation has "plummeted," and expressed that it is "very regrettable" that the Supreme Court rejected tariffs, claiming that "tariffs boosted the stock market" and hoping that tariffs would "replace the modern income tax system." He also mentioned allowing immigrants to "enter legally," demanded that tech giants "provide their own power and build their own factories," referenced receiving "80 million barrels of oil" from Venezuela, and pushed for legislation to prohibit lawmakers from trading stocks According to Xinhua News Agency, on the evening of the 24th Eastern Time, U.S. President Trump delivered his first State of the Union address for his second term in Congress. At the beginning of his speech, Trump focused on issues such as the economy, tariffs, immigration, artificial intelligence, and Iran. He attempted to reverse his declining approval ratings by listing a series of achievements from his first year in office and to rally support for the midterm elections in November. For Trump, this is a critical moment: his controversial foreign policies, including threats of military action against Iran, have sparked debate, and his signature tariff policy was ruled illegal by the U.S. Supreme Court. ## Economy and Cost of Living: Emphasizing Stock Market, Inflation, Housing, and Drug Prices When discussing the U.S. economy, Trump stated, "What you are seeing now is just the beginning... We will do better and better. This is America's golden age" regarding the stock market. He claimed that the stock market has reached "record highs" and noted that the Dow Jones Industrial Average has surpassed the 50,000-point mark ahead of schedule; he also stated that inflation is "plummeting," which has lowered core inflation rates. On housing issues, Trump mentioned that to protect home prices, it is necessary to "keep home prices rising." He claimed that mortgage rates are at "the lowest in four years" and stated that low rates will solve housing problems. Regarding healthcare and retirement issues, Trump claimed to have ended the "inflated" prices of prescription drugs; he also announced a new pension plan, stating that he wants to "make it easier for Americans to save for retirement." ## Technology and Electricity: Requesting Large Tech Companies to Generate Their Own Power Regarding the development of AI, Trump stated that the old power grid cannot meet the required electricity demand and has informed large tech companies that they need to generate their own power and build their own factories. ## Tariffs: Expressing Discontent with the Supreme Court Ruling, Continuing to Emphasize "Tariffs Replace Income Tax" Trump stated that "tariffs have boosted the stock market" and expressed that the Supreme Court's ruling on tariffs is "very regrettable." He also mentioned, "Over time, I believe that tariffs paid by foreigners will largely replace the modern income tax system, just as in the past." According to a previous report by CCTV News: "Trump's speech comes at a time when his key policies on tariffs and immigration have faced setbacks. On the 20th, the U.S. Supreme Court announced a ruling stating that the U.S. International Emergency Economic Powers Act does not authorize the president to impose large-scale tariffs, leading Trump to sign an executive order to terminate some tariff measures. Prior to this, due to federal immigration enforcement officers violently shooting two American citizens in Minnesota, Congress failed to reach a consensus on the temporary funding issue for the Department of Homeland Security, which began to face partial 'shutdown' on the 14th." ## Trump: Preferring to Resolve the Iran Nuclear Issue through Diplomatic Means According to CCTV News, Trump stated that the U.S. is negotiating with Iran. He mentioned that Iran wants to reach an agreement, but the U.S. has not heard those secret commitments. He emphasized that the U.S. will never allow Iran to possess nuclear weapons and prefers to resolve this issue through diplomatic means ## Immigration, Venezuela, and Other Issues Trump stated, "We will always allow immigrants to enter legally." Regarding Venezuela, Trump referred to Venezuela as America's "new partner and friend," and mentioned that the United States has received over "80 million barrels of oil" from Venezuela. Additionally, Trump called on Congress to pass a bill banning stock trading by lawmakers, stating the need to "ensure that members of Congress cannot profit from insider information." ### Related Stocks - [.DJI.US - Dow Jones Industrial Average](https://longbridge.com/en/quote/.DJI.US.md) - [.IXIC.US - NASDAQ Composite Index](https://longbridge.com/en/quote/.IXIC.US.md) - [.SPX.US - S&P 500](https://longbridge.com/en/quote/.SPX.US.md) - [.NDX.US - NASDAQ-100](https://longbridge.com/en/quote/.NDX.US.md) - [DDM.US - ProShares Ultra Dow30 ETF](https://longbridge.com/en/quote/DDM.US.md) - [SKYY.US - First Trust Cloud Computing](https://longbridge.com/en/quote/SKYY.US.md) - [CLOU.US - Global X Cloud Computing ETF](https://longbridge.com/en/quote/CLOU.US.md) - [PSI.US - Invesco Semiconductors ETF](https://longbridge.com/en/quote/PSI.US.md) - [QQQM.US - Invesco Nasdaq 100 ETF](https://longbridge.com/en/quote/QQQM.US.md) - [ONEQ.US - Fidelity Nasdaq Composite Index ETF](https://longbridge.com/en/quote/ONEQ.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 美媒爆特朗普政府擬對六行業徵收「國家安全關税」 | 美國《華爾街日報》報道，特朗普政府正考慮對六大行業徵收全新的「國家安全關税」，徵税範圍涵蓋大型電池、生鐵與鐵製配件、塑膠管道、工業化學品，以及電網與電訊設備等領域。 報道指出，有關關税將依據《1962 年貿易擴展法》第 232 條款執行，與 | [Link](https://longbridge.com/en/news/276677583.md) | | 12 月工廠新訂單（不含運輸）增長 0.4%，高於預期的 0.3% 增幅，前值為增長 0.1% | 12 月份工廠新訂單（不包括運輸）增長 0.4%，高於預期的 0.3% 增幅，前值為 0.1% 增長 | [Link](https://longbridge.com/en/news/276621570.md) | | 常見問題：AIR S&P 500 總回報期貨 | 常見問題：AIR 標普 500 總回報期貨 | [Link](https://longbridge.com/en/news/276612358.md) | | 特朗普警告稱，在法院裁決後，對於那些 “耍花招” 的國家將提高關税 | 特朗普總統警告稱，試圖利用最近美國最高法院關於關税的裁決的國家將面臨顯著更高的關税。該裁決認為去年根據國家緊急法案施加的關税是非法的，這引發了對現有和未來貿易協議的擔憂。特朗普強調，那些利用美國的國家將遭遇嚴厲的關税後果，並敦促在貿易往來中 | [Link](https://longbridge.com/en/news/276615335.md) | | 川普 10% 全球關税税率正式生效 | 美國最高法院裁定川普實施的全球關税無效後，川普重建貿易政策，美國對進口商品的新關税正式生效，税率為 10%。川普誓言將税率調升至 15%，但特定產業的商品將維持豁免。新關税僅維持 150 天，續行與否取決於國會，此舉被視為過渡措施，為未來的 | [Link](https://longbridge.com/en/news/276725292.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.