<div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Two days after sending the </span><a href="https://www.9news.com.au/finance/donald-trump-tariffs-stocks-tumble-after-latest-tariff-volley-heightens-chance-of-broader-trade-war/fc8b3ea5-fc40-4d70-82f7-21abb4707f08" rel="" target="" title="economy reeling by announcing widespread tariffs"><span>economy reeling by announcing widespread tariffs</span></a><span>, </span><a href="https://www.9news.com.au/donald-trump" rel="" target="" title="US President Donald Trump"><span>US President Donald Trump</span></a><span> insisted his trade policies will never change as he remained ensconced in a bubble of wealth and power in Florida.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>He woke up on Friday morning at Mar-a-Lago, his private club in Palm Beach, and headed to his nearby golf course a few miles away after writing on social media that "THIS IS A GREAT TIME TO GET RICH."</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Several supporters stood on the sidewalk as Trump, wearing his signature red "Make America Great Again" hat and white polo shirt, glided down a street lined with palm trees.</span></div></div><div><div id="adspot-mobile-medium"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE: </span></strong><a href="https://www.9news.com.au/national/donald-trump-tariffs-liberation-day-what-does-australia-export-to-the-united-states/6e482eb4-b1ec-4d95-abe0-9760b6259f16"><strong><span>What do Australians buy from the US, and what do we sell to them?</span></strong></a><strong></strong></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>They waved to him and he waved back, part of a ritual that plays out every weekend that he's in town.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The Republican president was not expected to appear publicly, although he's scheduled to attend a candlelit dinner for MAGA Inc., an allied political organisation, on Friday evening. </span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>He spent Thursday in Miami at a different one of his golf courses, where he attended a Saudi-funded tournament. He landed in Marine One and was picked up in a golf cart driven by his son Eric.</span></div></div><div><div class="OUTBRAIN" data-reactroot="" data-src="//www.9news.com.au/world/donald-trump-hits-the-golf-course-as-the-stock-market-plummets-for-a-second-straight-day-over-tariffs/a81e2fd4-1bc8-441d-9031-a85743f643b9" data-widget-id="AR_5"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Trump has often proved impervious to the kind of scandals or gaffes that would damage another politician, but his decision to spend the weekend at his gilded properties could test Americans' patience at a time when their retirement savings are evaporating along with the stock market. </span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The tariffs are expected to increase prices by thousands of dollars per year and slow economic growth, and there are fears about a potential recession.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Federal Reserve Chair Jerome Powell said on Friday that the tariffs were "significantly larger than expected" and are "highly likely" to cause more inflation — at least in the short term but possibly in the long term as well.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>However, Trump has described his policies as a painful yet necessary step to encourage companies to relocate their operations to the United States, and he spent the morning defending himself on Truth Social, his social media platform, vowing he is sticking with his policies.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Although experts have harshly criticised Trump's tariffs, he's found some support on TikTok. He shared a video that said "Trump is crashing the stock market" and "he's doing it on purpose" as part of a "secret game he's playing, and it could make you rich."</span></div></div><div class="styles__Wrapper-sc-2o34ro-0 cmwkBV"><div class="styles__Column-sc-2o34ro-3 jJDKrX"><a href="/content/2025/04/03/09/20/the-full-list-of-trumps-reciprocal-tariffs"><img alt="US President Donald Trump today announced sweeping reciprocal tariffs for dozens of nations in a &amp;quot;Liberation Day&amp;quot; speech at the White House." sizes="(min-width: 1024px) 636px, (min-width: 768px) 396px, 100vw" src="https://imageresizer.static9.net.au/fJmcm8MqaRXpidBWPXCQ-OF3i9E=/396x223/https%3A%2F%2Fprod.static9.net.au%2Ffs%2Ff4adaefd-6caf-46d7-899f-f151e3f9bb68" srcset="https://imageresizer.static9.net.au/fJmcm8MqaRXpidBWPXCQ-OF3i9E=/396x223/https%3A%2F%2Fprod.static9.net.au%2Ffs%2Ff4adaefd-6caf-46d7-899f-f151e3f9bb68 396w, https://imageresizer.static9.net.au/x8yQRuzP2g-htvXY9q9j40uqzR8=/636x358/https%3A%2F%2Fprod.static9.net.au%2Ffs%2Ff4adaefd-6caf-46d7-899f-f151e3f9bb68 636w"/></a></div><div class="styles__Column-sc-2o34ro-3 jJDKrX"><div class="styles__Headline-sc-2o34ro-4 hpbOlz">The full list of Trump's 'reciprocal' tariffs</div><div class="styles__Button-sc-2o34ro-1 eBjlmW"><a class="styles__ButtonLink-sc-2o34ro-2 hqpklJ" href="/content/2025/04/03/09/20/the-full-list-of-trumps-reciprocal-tariffs">View Gallery</a></div></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The goal, the video said, is to push the Federal Reserve to lower interest rates, something that Trump explicitly called for later in the morning.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"This would be a PERFECT time" for Powell to cut interest rates, he wrote. "CUT INTEREST RATES, JEROME, AND STOP PLAYING POLITICS!"</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>With foreign leaders scrambling in response to Trump's announcement this week, the president lashed out and looked to cut deals.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>He said he spoke with Vietnamese leader To Lam and claimed Vietnam wants to eliminate its tariffs on US goods if it can make a deal with the US.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>He also criticised China for announcing its own tariffs on US imports.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"CHINA PLAYED IT WRONG, THEY PANICKED - THE ONE THING THEY CANNOT AFFORD TO DO!" he wrote.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Republicans suggested that Trump's policies would be the start of a parley with foreign countries.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"The president is a dealmaker if nothing else, and he's going to continue to deal country by country with each of them," said Sen. John Barrasso of Wyoming. </span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>He added that Treasury Secretary Scott Bessent had told Senate Republicans this week that the tariffs would be a "high level mark with the ultimate goal of getting them reduced" unless other countries retaliate.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Senate Democratic leader Chuck Schumer of New York called Trump's tariffs "a brutal pincer move with American families trapped in the middle."</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Meanwhile, Trump also celebrated a new report showing the US added 228,000 jobs in March, beating expectations. </span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Although the numbers were a snapshot of the economy before the tariff announcement, Trump claimed vindication, saying they already show his moves are working.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"HANG TOUGH," he wrote. "WE CAN'T LOSE!!!"</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><a href="https://www.9news.com.au/national/how-to-follow-9news-digital/29855bb1-ad3d-4c38-bc25-3cb52af1216f" target="_blank"><strong><em><span>DOWNLOAD THE 9NEWS APP</span></em></strong></a><strong><em><span>: Stay across all the latest in breaking news, sport, politics and the weather via our news app and get notifications sent straight to your smartphone. Available on the</span></em></strong><span> </span><a href="https://apps.apple.com/au/app/9news/id1010533727" target="_blank"><strong><em><span>Apple App Store</span></em></strong></a><span> </span><strong><em><span>and</span></em></strong><span> </span><a href="https://play.google.com/store/apps/details?id=nineNewsAlerts.nine.com&amp;hl=en_AU&amp;pli=1" target="_blank"><strong><em><span>Google Play</span></em></strong></a><strong><em><span>.</span></em></strong></div></div>