Trump's Tariff Tango: Global Markets React, But Are Big Businesses Unfazed?

The Former US President Suggests Major Corporations Are Unconcerned About Trade Disruptions.

Following former US President Trump's announcement of reciprocal tariffs on May 2nd, global stock markets experienced a significant downturn, impacting the global economy. Addressing the market reaction, Trump posted on his social media platform, Truth Social, on May 4th, stating that “big businesses don’t even worry about Tariffs, because they know they are not going away.”

In his post on Truth Social, Trump further elaborated, "Big Businesses don’t even worry about Tariffs, because they know they are not going away. But what they are looking at, and waiting for, is THE ‘Big and Beautiful Deal’, which will give our Economy Super-Power, it’s really important, and happening!!!" This statement suggests a focus on future trade agreements despite the current tariff challenges.