Democrats hammer Trump for his weekend of golf as stocks tumble [View all]
Source: ABC News
April 6, 2025, 8:41 PM
As markets braced for another meltdown triggered by President Donald Trump's sweeping tariffs, Democrats hammered the president for spending the weekend golfing rather than responding to Americans' fears that their retirement accounts are plummeting with the markets.
Trump left Washington, D.C., for Florida on Thursday to attend a LiV Golf Tournament dinner ahead of a tournament at his Doral club in Florida. On Saturday and Sunday, he played in a club championship at his Trump National Golf Club in Jupiter.
On Thursday, the first trading day after Trump announced the tariffs, the Dow Jones Industrial Average plummeted nearly 4%, while the tech-heavy Nasdaq declined almost 6%. On Friday, the downward spiral continued with the Dow falling by 2,230 points, or 5.5%, while the S&P 500 plunged by 6%.
Dow futures opened Sunday evening down 1,500 points, or 4% percent., while the S&P 500 and NASDAQ 100 futures were also down 4%. Democrats criticized Trump's apparent lack of concern at Americans' anxiety surrounding the tanking markets. "I think people have seen their retirement savings on fire. And there he is out on the golf course," Democratic Sen. Adam Schiff said Sunday on NBC's "Meet the Press." "That may end up being the most enduring image of the Trump presidency, that is, the president out on a golf cart while people's retirement is in flames."
Read more: https://abcnews.go.com/Politics/democrats-hammer-trump-weekend-golf-stocks-tumble/story?id=120544114
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