Karoline Leavitt Promises There’s ‘Not Going To Be Any Pain’ From Trump’s Tariffs Ahead of Market Taking Major Hit

 

White House Press Secretary Karoline Leavitt promised on Thursday morning that there was “not going to be any pain” for American workers from President Donald Trump’s tariffs, just ahead of the stock market taking a major hit and temporary layoffs being announced.

Leavitt joined NewsNation’s Markie Martin on Morning in America following the president’s announcement of major tariffs against imports from a number of companies. Trump and his team have repeatedly dismissed concerns that a tariff war will drive up costs. White House officials have claimed that the tariffs will lead to more favorable trade deals and a boost in American manufacturing.

Leavitt on Thursday not only argued costs would not go up, but she predicted wages would increase as she pushed people to buy American products.

“It’s the golden rule for the golden age of America as for prices and what the American public can expect. They can expect price stability. They can expect to buy American. It’s a patriotic thing to do, and, most importantly, they can expect their wages to go up,” she said.

On Thursday morning, the stock market took some major hits with critics chalking up Trump’s tariffs and an uncertain market as the reason.

Stellantis NV, which manufactures Rams and Jeeps, also reportedly temporarily laid off 900 U.S. workers as a result of the new tariffs. Reuters was first to report the news.

Leavitt denied that there would be “pain” for American workers and companies, touting coming tax cuts and deregulation from the administration as moves that will drive costs down.

She said:

There’s not going to be any pain for American-owned companies and American workers, because their jobs are going to come back home, and again, as for prices, President Trump is working on tax cuts to put more money back into the pockets of Americans. He is working on massive deregulatory efforts, which we know has already saved American taxpayers millions of dollars in just two months.

And we’re also working on driving down the cost of energy with a Trump energy boom, just like we saw in his first term, the President effectively implemented tariffs in his first term while driving down the cost of living. This is a proven economic formula that works, and the American people should trust in Trump. That’s why they elected him back to the White House.

Watch above via NewsNation.

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Zachary Leeman covered pop culture and politics at outlets such as Breitbart, LifeZette, BizPac Review, HollywoodinToto, and others. He is the author of the novel Nigh. He joined Mediaite in 2022.