As markets braced for one more meltdown triggered by President Donald Trump’s sweeping tariffs, Democrats hammered the president for spending the weekend {golfing} quite than responding to Individuals’ fears that their retirement accounts are plummeting with the markets.
Trump left Washington, D.C., for Florida on Thursday to attend a LiV Golf Match dinner forward of a match at his Doral membership in Florida. On Saturday and Sunday, he performed in a membership championship at his Trump Nationwide Golf Membership in Jupiter.
On Thursday, the primary buying and selling day after Trump introduced the tariffs, the Dow Jones Industrial Common plummeted almost 4%, whereas the tech-heavy Nasdaq declined virtually 6%. On Friday, the downward spiral continued with the Dow falling by 2,230 factors, or 5.5%, whereas the S&P 500 plunged by 6%.
President Donald Trump talks on the telephone as he arrives at Trump Nationwide Golf Membership, Sunday, April 6, 2025, in Jupiter, Fla. (AP Picture/Alex Brandon)
Alex Brandon/AP
Dow futures opened Sunday night down 1,500 factors, or 4% %., whereas the S&P 500 and NASDAQ 100 futures have been additionally down 4%.
Democrats criticized Trump’s obvious lack of concern at Individuals’ anxiousness surrounding the tanking markets.
“I believe individuals have seen their retirement financial savings on fireplace. And there he’s out on the golf course,” Democratic Sen. Adam Schiff stated Sunday on NBC’s “Meet the Press.” “That will find yourself being probably the most enduring picture of the Trump presidency, that’s, the president out on a golf cart whereas individuals’s retirement is in flames.”
On Saturday, Trump inspired Individuals to “HANG TOUGH” in a put up on his Fact Social platform. “THIS IS AN ECONOMIC REVOLUTION, AND WE WILL WIN,” he stated.
The identical day, the White Home informed reporters masking the president that Trump had gained his second-round matchup for the senior championship at his Jupiter membership and was to play within the championship spherical on Sunday. Trump posted a video of him teeing off on Fact Social on Sunday, although it was not clear when the video was shot.
Throughout Saturday’s “Palms Off” protests, Democratic lawmakers railed towards Trump’s insurance policies and his time on the golf course.
“Get your ass off the golf course and face the individuals!” California Rep. Eric Swalwell informed Trump in entrance of a crowd protesting on the Nationwide Mall in Washington.
Rep. Jasmine Crockett of Texas posted on Bluesky: “Trump’s out right here swinging golf golf equipment whereas of us are within the streets combating again.”
Sen. Elizabeth Warren known as on Republicans to assist Democrats reverse Trump’s tariffs and cease what she known as “the dumbest commerce struggle in historical past.”
“Whereas Donald Trump is enjoyable on the golf course, working persons are nervous about rising costs and an financial crash,” she posted on X.
Home Minority Chief Hakeem Jeffries additionally took situation with Trump’s weekend.
“You realize, Donald Trump, the largest lie that this man ever informed was that he cared about you, the American individuals. He doesn’t. He cares about himself and his billionaire donors like Elon Musk,” Jeffries stated Saturday on MSNBC’s “The Weekend.” “And as if we did not want any further proof, however on the identical time that the retirement financial savings is crashing, the inventory market is crashing, the financial system is crashing, Donald Trump is on the golf course? That is what he chooses to do?”
Trump boarded Air Power One in Palm Seaside, Florida, en route again to Washington on Sunday with out talking to reporters.
ABC Information’ Hannah Demissie contributed to this report.