To the many investors who are coming to the US and investing huge amounts of money: my policies will never change, he posted on social media.

The Spanish stock market is turning red again: it falls more than 6%, weighed down by the banking sector.

Markets continued to plummet Friday as a result of the tariffs announced by Donald Trump, but the US president appeared unaffected. From Mar-a-Lago, his mansion on the Florida coast, after having dinner the day before with golf stars, his great sporting passion, he took to social media to insist that his trade policy will bring great wealth.

To the many investors who are coming to the U.S. and investing huge amounts of money: my policies will never change, he said, referring to one of his economic strategies: that his trade war encourage foreign companies to invest in the U.S. This is a great time to get rich, richer than ever! he celebrated.

There's no celebration, quite the opposite, on the stock markets for the moment. The New York Stock Exchange opened Friday's session with sharp falls, after suffering its worst day since March 2020 the day before, following the collapse caused by the impact of the Covid-19 pandemic. Thus, the mid-session has worsened the data and confirms a trend whose end date remains unknown.

After the start of the mid-session (12:30 ET), the free fall has not stopped. Specifically, the Dow Jones is down almost 4%, while the S&P 500 and Nasdaq are close to 5%, with a drop of 4.75% in both cases. In the early stages of trading, the benchmark indicators pointed to losses similar to those on Thursday: around 3% for the Dow Jones, the S&P 500, and the Nasdaq. Losses were also monumental, as on the previous day, in the Asian markets – with many of their economies heavily dependent on exports to the US and severely hit by tariffs – and in the European markets.

Trump included that mention that his policies will never change amid the discussions and contradictory messages from himself and senior officials in his administration about whether there is room for negotiation on the tariffs he announced last Wednesday.

The US president also reacted to China's decision to respond to the 34% tariff Trump has imposed on all its exports—which is in addition to a 20% tariff already in place—with a 34% tariff on US exports to China.

China has made a bad move, has panicked, and has written about Chinese retaliation. It's the one thing they can't afford!