Speaking to reporters outside the White House, Karoline Leavitt brushed off the stock market sell-off occurring before "Liberation Day."
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NewsTranscript
00:00And what about the scope of them?
00:01He said yesterday he would be more generous.
00:04What does that mean?
00:05I will let the president make the announcement on Wednesday, but it's certainly going to
00:08ensure that there's reciprocity and the American people are treated fairly.
00:12Has the president determined how many countries are going to see these reciprocal tariffs?
00:17Again, I'll let the president get into the specifics of the announcement, but he has
00:20a brilliant team of trade advisors.
00:22You have Secretary Besant, Secretary Lutnick, Jameson Greer, our U.S. Trade Representative,
00:27Peter Navarro, of course, and Kevin Hassett here at the White House, Stephen Miller as
00:31well.
00:32The vice president has been deeply involved in these conversations.
00:35All of these individuals have presented plans to the president on how to get this done,
00:40and it's the president's decision to make, and we will not get ahead of him on the specifics
00:43of the announcement.
00:44And how will stock market selloff cause the White House to rethink any of these plans?
00:50The president has always said that the stock market is a snapshot of a moment in time,
00:54and he's doing what's best for Main Street, and Wall Street will work out just fine in
00:58this administration, just like they did in their first term.