President Trump Thursday hailed his cupboard as a well-oiled machine of “friends,” at the same time as world markets resumed their historic decline after a one-day rebound sparked by his partial reversal on tariffs.
With Wall Road giving up about half the massive positive factors from a day earlier, Trump praised his administration because the “best ever” and cupboard secretaries in flip showered him with flattery on subjects from his commerce battle to undocumented immigration.
“Everyone at this table is doing an incredible job,” Trump mentioned firstly of the hourlong assembly. “The relationships are, it’s like they’re friends. The relationships are very strong, really good, really strong.”
Trump beamed as one cupboard member after one other repeated his marketing campaign slogans to assert success in varied fields. He shrugged off reviews of massive purple arrows on Wall Road and refused to say if he has spoken to China’s Xi Jinping as 145% tariffs went into impact on imports from China.
“We’ll see what happens with China,” he mentioned. “I’m sure we can work something out.”
President Donald Trump delivers remarks throughout a Cupboard assembly on the White Home on Thursday in Washington, DC. (Anna Moneymaker/Getty Photographs)
Treasury Secretary Scott Bessent mentioned he didn’t see something uncommon within the recent stomach-churning drop in markets. He repeated Trump’s declare that the U.S. would attain “bespoke” offers with every of its buying and selling companions within the subsequent three months.
“We will end up in a place of great certainty on tariffs,” Bessent mentioned.
Elon Musk, who sat on the desk regardless of not being a cupboard secretary, took credit score for engineering greater than $170 billion in spending cuts because of his “amazing” Division of Authorities Effectivity.
The Tesla and SpaceX mogul claimed to have uncovered funds to unborn youngsters claiming authorities advantages, though he didn’t provide particulars.
“Folks ask: ‘how can you find waste and fraud in the government?’” Musk said. “You just go any direction and you’ll discover it.”
President Donald Trump, alongside Secretary of Protection Pete Hegseth (proper), speaks throughout a cupboard assembly within the Cupboard Room of the White Home on Thursday in Washington, DC. (BRENDAN SMIALOWSKI/AFP through Getty Photographs)
Well being and Human Companies Secretary Robert F. Kennedy Jr. downplayed the measles outbreak that has killed two unvaccinated youngsters in west Texas.
Pentagon chief Pete Hegseth claimed the U.S. navy was sending extra troops to bases in Panama, an obvious retreat from Trump’s earlier saber-rattling menace to take again the Panama Canal.
Homeland Safety Secretary Kristi Noem vowed to proceed the crackdown on undocumented immigrants and praised Trump for his harsh insurance policies which have led to a dramatic decline in border crossings.
Secretary of State Marco Rubio warned overseas college students to keep away from getting concerned in anti-American political demonstrations and expressed hope for a breakthrough in historic nuclear talks with Iran.
There was no point out of Trump’s aggressive threats to take over Greenland, presumably suggesting that “must have” goal has been placed on the again burner for now.
