Trump Warns Ending Tariffs Now Would Trigger A ‘Great Depression’

Published : Aug 08, 2025, 09:10 PM IST
https://stocktwits.com/news-articles/markets/equity/trump-warns-ending-tariffs-now-would-trigger-a-great-depression/chrnifCRd4P

Synopsis

President Donald Trump stated that a court ruling against the levies now would make it very difficult for the U.S. economy to recover.

President Donald Trump claimed Friday that striking down his tariff program would trigger a financial collapse rivaling the Great Depression. 

In a post on X, Trump said tariffs have driven stock market gains and brought “hundreds of billions” into the U.S. treasury. A court ruling against the levies now, he warned, would “make it impossible to ever recover.”

The remarks come amid legal challenges to the trade measures, which Trump has credited for boosting U.S. strength and wealth. “America deserves success and greatness, not turmoil, failure, and disgrace,” he wrote.

Get updates to this developing story <directly on Stocktwits.<

Read also: Ethereum’s Price Crosses $4,000 For First Time In 2025 – Here’s Why BMNR Stock Is Trending

For updates and corrections, email newsroom[at]stocktwits[dot]com.<

PREV

Recommended Stories

Tesla Faces Tough Questions From US Regulator As FSD Probe Widens With More Complaints And Incident Reports
KeyCorp Hit By Major Activist Push As HoldCo Demands CEO Ouster, Bigger Buybacks And Possible Sale To PNC Or Wells Fargo