Trump Truths TikTok Video Explaining His Tariff Strategy
President Donald Trump shared a TikTok reel on Friday that declared he is “purposefully crashing the market.”
In the clip Trump shared without a caption on his Truth Social platform a narrator says, “Trump is crashing the stock market by 20 percent this month, but he’s doing it on purpose. And this is why Warren Buffett just said Trump is making the best economic moves he’s seen in over 50 years. Now, here’s the secret game he is playing, and it could make you rich. So why is he doing this?”
The voice over in the clip appears to be from a crypto and finance influencer named Brian Decker, who filmed himself speaking the narration directly to the camera in mid-March. A quick search shows, however, that Warren Buffett made no such comment in recent weeks regarding Trump. On the contrary, Buffet – who rarely offers political commentary – told CBS News in early March that Trump’s tariffs are “an act of war to some degree” and he’s been hoarding cash in recent months, anticipating a market selloff.
The narrator in the clip Trump shared went on to offer his take on the president’s strategy, “To push cash into treasuries, which forces the Fed to slash interest rates in May and those lower rates give the Fed the ability to refinance trillions of debt very inexpensively.”
“It also weakens the dollar and drops mortgage rates. Now it’s a wild chess move, but it’s working. Now you’re probably wondering, what about his tariffs? Well, I’ll tell you, it’s a genius play. It actually forces companies to build here to dodge them. It also forces farmers to sell more of their products here in the U.S. to bring grocery prices way down. We’ve already seen this with eggs. Now remember, 94% of all stocks are owned only by 8% of Americans. So Trump, he’s taking from the rich short term and handing it to the middle class through lower prices,” added the narrator as images of Trump and Americana moved across the screen.
https://www.mediaite.com/news/trump-shares-tiktok-video-claiming-he-is-purposefully-crashing-the-market/?cfp