Trump hails US economy's resilience after tariffs imposition: "The patient is healing"

US President Donald Trump has expressed strong confidence in the resilience of the American economy following the imposition of sweeping import tariffs, declaring that the economic “operation” is a success.

In a post shared on his Truth Social platform on April 3, Trump marked the day after the tariffs on foreign imports took effect, highlighting the nation's ability to recover and adapt, Caliber.Az reports.

“The operation is complete! The patient has survived and is on the mend,” Trump wrote, adding a note of optimism about the future of the economy. “The prognosis is that the patient will be far stronger, bigger, better, and more resilient than ever before,” he continued, framing the tariffs as part of a larger effort to strengthen the US economy.

Trump’s remarks follow the imposition of the tariffs, a significant policy move aimed at reducing the nation’s trade deficit and protecting domestic industries. His bold declaration of a “healing patient” suggests that he believes the US economy will emerge even stronger from the policy’s impact.

“Make America Great Again!!!” he concluded, reinforcing his signature campaign slogan and reflecting his belief that the tariffs will ultimately bolster the nation's economic standing.

In parallel, oil prices have accelerated their decline following news of OPEC+'s plans to ramp up oil production.

Eight countries involved in the agreement have decided to accelerate the removal of previous production limits, amounting to 2.2 million barrels per day, and increase output by 411,000 barrels per day starting in May, equivalent to three monthly increases, as stated in an OPEC press release.

As of 17:39 Moscow time, June Brent futures on the ICE Futures exchange are trading at $69.69 per barrel, down by $5.23 (6.98%) from the previous session's close.

May WTI crude futures on the NYMEX have fallen by $5.44 (7.59%), reaching $66.27 per barrel.

Both contracts are set to record their worst performance since 2022.

Investors are also assessing US inventory data and new import tariffs announced by President Donald Trump.

By Aghakazim Guliyev