President Donald Trump expressed strong optimism about the U.S. economy on Thursday, stating that markets will 'boom' following his announcement of new retaliatory tariffs. Speaking to reporters before departing the White House for Florida, Trump declared, 'It's going very well ... The markets are going to boom, the stock is going to boom, the country is going to boom.'

His remarks came amid widespread market turmoil triggered by the announcement. Stock markets across the globe experienced significant losses, with the Dow Jones Industrial Average falling more than 1,500 points and the Nasdaq 100 dropping by 5%. The sharp decline reflects growing investor concern over the potential economic impact of the tariffs, which target multiple countries.

Despite the negative market response, Trump doubled down on his belief that the economic measures will ultimately benefit the U.S. economy. His confident tone stood in stark contrast to the reaction from financial markets, where uncertainty and volatility surged following the announcement.

The president did not provide additional details about which countries would be affected or the specific industries involved, but emphasized that the measures were necessary to protect American interests. The move is seen as part of his broader trade strategy, which includes renegotiating existing deals and applying pressure on international partners.

As Trump boarded his flight to Florida, questions continued to swirl among analysts and investors about the long-term consequences of the tariffs. For now, the president appears unshaken by the immediate market downturn, projecting confidence that the U.S. economy will emerge stronger in the aftermath.