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In a lengthy post on X, Donald Trump said tariffs were having a "huge positive impact" on the US economy, with "new records set almost every day."
Trump claimed that court ruling against tariffs would wipe out the “wealth, strength, and power of America”. (AP photo)
New Delhi,UPDATED: Aug 8, 2025 21:34 IST
US President Donald Trump on Thursday claimed his tariff policies are driving record gains in the stock market and bringing “hundreds of billions of dollars” into the country’s coffers, warning that a court ruling against him could plunge America into a “1929-style Great Depression.”
In a lengthy post, Trump said tariffs were having a “huge positive impact” on the economy, with “new records set almost every day.” He cautioned that if a “Radical Left Court” ruled against his administration at this stage, it would be “impossible to ever recover” from the resulting economic damage.
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Published On:
Aug 8, 2025
