‘WE LOST $3 TRILLION’ Trump BLAMES Democrats In SHOCK Stock Market Warning | US Economy

Summary

At a press gaggle, President Donald Trump discussed the economy, foreign conflicts, and possible meetings with world leaders. His claims and characterizations included:

• Ukraine and Russia: Trump said talks had taken place over the weekend and that meetings in Abu Dhabi were underway to try to end the war. He claimed the conflict was costing about 25,000 lives—mostly soldiers—each month.
• Iran: Trump said the United States had suffered no troop deaths in the Iran conflict for six months and asserted that Iran would never obtain a nuclear weapon. He described a land and naval blockade called “Operation Iron Gate” and claimed Iran was under severe economic pressure, including 301% inflation. He said he had not seen evidence that Iran was moving nuclear materials, but warned that the United States would act if it did. He also said he was reluctant to destroy bridges and power plants because rebuilding them would take years and harm civilians.
• U.S. military actions: Trump defended Defense Secretary Pete Hegseth against calls for impeachment, crediting him with victories in Venezuela and Iran. Trump said the Venezuela operation lasted 48 minutes and portrayed it as a major success. He also said U.S. actions had eliminated Iran’s nuclear capacity and helped protect Israel and the Middle East.
• Stock market and Democrats: Trump claimed the market lost $3 trillion after the election and blamed Democrats, saying retirement accounts fell because of them. He said the market was recovering following strong jobs and growth figures. He also argued that Democrats should focus on the country rather than calls to impeach Hegseth and Health Secretary Robert F. Kennedy Jr.
• Jensen Huang: Asked about an investigation into the Nvidia CEO’s alleged ties to a Chinese spy, Trump said he had not spoken with Huang. He described him as a fine and accomplished person and said he believed Huang should remain CEO unless evidence showed wrongdoing.
• Other remarks: Trump said his suggestion that UFC chief Dana White take a role was a joke, though White was expected to visit him. He said he might meet Chinese President Xi Jinping and Russian President Vladimir Putin during an upcoming trip to Asia, with denuclearization among the topics. Asked about a contest to form a new government, he said the two contenders had similar views. At the end, he threatened to investigate Democratic donors if his own donors were investigated.

Presenters and Contributors

• Donald Trump
• Unnamed reporters asking questions at the press gaggle