Trump team rejects market fears, shows defiance on tariffs

Contributing sentiments towards policy:

60% : Trump believes in the tariff effort and sees it as his legacy to reignite American manufacturing, an administration official said.
57% : Removing that, Trump and his team say, is a national security priority and will "make America wealthy again.
51% : Trump urged his followers in a social media post on Saturday to "HANG TOUGH, it won't be easy, but the end result will be historic.
51% : Trump has said he is moving to reshape the global economy to America's advantage, arguing that the tariffs will prompt a wave of investment as companies build new factories in the U.S., bringing jobs and wealth home to the U.S. The main target of his ire is a U.S. trade deficit in goods that topped $1 trillion last year.
48% : On the heels of huge global stock market falls, Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and others dug in on Sunday and declared that Trump would persist in his tariffs agenda, whatever markets may do.
45% : Trump wanted to do it in his first term and never did, and it's a core conviction that he's been talking about since the 1980s, the official said.
41% : "The tariffs are coming," Lutnick said on CBS's "Face the Nation," adding that Trump "announced it and he wasn't kidding." "I see no reason that we have to price in a recession," Bessent told NBC's "Meet the Press with Kristen Welker," despite economists at JPMorgan saying Friday they now expect the U.S. to slip into a recession this year.
41% : Asked on "Face the Nation" why the U.S. was imposing tariffs on Heard Island and McDonald Island, a remote territory between Australia and Antarctica which has only penguins as residents, Lutnick quoted Trump as saying, "'Look, I can't let any part of the world be a place where China or other countries can ship through them."
40% : " "The market consistently underestimates Donald Trump," he said.
39% : As Trump posted videos of himself golfing in Florida, White House trade czar Peter Navarro said investors should believe Trump's determination, even if levels change through negotiation.
38% : " Marc Short, who served in Trump's first term as legislative affairs director and then as chief of staff to Vice President Mike Pence, said markets assumed Trump meant the tariffs as a bargaining chip like in the first administration, but Trump has been hearing different advice this time around.
29% : Speaking on ABC's "This Week," Hassett also said Americans will eventually benefit from tax and spending cuts that Trump wants to push through Congress.

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