Wall Street stocks cratered and global leaders condemned President Trump’s new tariffs Thursday as “brutal and unfounded” as the White House stood behind its plan to tax imports across the board. Dems and Time will prove the fools wrong.

     The stock market had its worst day since 2020. The Dow Jones Industrial Average plummeted and never recovered Thursday, closing down 1,679 points, or nearly 4%. The S&P 500 finished down 4.8%, and the Nasdaq ended the day at nearly 6% lower.  French President Emmanuel Macron urged European nations to work together to fight the tariffs and companies to pause investments in the U.S.

     “The American economy and Americans will come out weaker and poorer,” he said.  Congressional lawmakers floated legislation to reclaim power over tariffs from the executive branch, and companies with extensive supply chains in hard-hit Vietnam and other Asian countries watched their stocks tick downward.  The Trump administration waved off the backlash, saying it had Main Street and blue-collar workers in mind when it imposed a 10% baseline tariff on all imports and higher, reciprocal levies on dozens of nations that impose expensive levies or other barriers on imported U.S. goods.

       Mr. Trump said market turmoil was “expected” and likened the economy to a sick patient that is recovering.  “It went through an operation,” he said on Air Force One en route to Florida. “It’s going to be a booming economy. It’s going to be amazing. We’re going to have trillions coming in.” Mr. Trump predicted a boom in manufacturing as companies set up shop within the U.S., particularly once he issues tariffs on semiconductors and pharmaceuticals.

“We’ll be announcing that sometime in the near future. It’s under review right now,” he said. Tariffs on cars that aren’t made in the U.S. went into effect, although copper, pharmaceuticals, semiconductors, lumber articles, certain critical minerals and energy products were exempted from the plan.  “This is a big change. I’m not going to shy away from it, but we needed a big change,” Vice President J.D. Vance told “Fox & Friends.”  Responding to the fear of price shocks, Mr. Vance said Mr. Trump is correcting a “globalist” economy that prioritizes elites and other nations over American workers whose manufacturing jobs have dried up.