“Stock Market Gone Up 52 Times, Tariffs Brought Wealth And Security”, Trump Claims

US President Donald Trump claimed that tariffs have driven unprecedented economic gains and strengthened national security, citing a sharp rise in the stock market during his tenure. Speaking in Washington, DC, Trump said US markets have surged to repeated record highs over the past 10 months, which he attributed to his administration’s tariff policies. He argued that tariffs have brought “vast amounts of wealth” into the country and encouraged major manufacturing shifts, particularly in the semiconductor sector. Trump said chip companies, especially from Taiwan, are moving production to the US, boosting domestic manufacturing without additional costs to the government. He maintained that tariffs have not only generated economic wealth but also delivered significant national security benefits, calling the developments unmatched in recent history.