Trump Stands Firm as Markets Crash, Ignoring Wall Street Pressure

President Donald Trump is moving forward with the full 50% tariff increase on Chinese imports, ignoring concerns from Wall Street. The White House press secretary, Karoline Leavitt, announced the tariffs would take effect at midnight, bringing total U.S. trade penalties on Chinese goods to a combined 104%. This move marks Trump’s defiance of economic influence by financial markets.