Trump Rates Live Updates: Vance says that the US stock market will be in the boom

Trump Rates Live Updates: Vance says that the US stock market will be in the boom

While the stock market was submerged on Thursday, vice president JD Vance sat with Newsmax, where President Donald Trump echoed, saying that the stock market will be assaulted because there is a reinvestment in the United States.

“We are going to have a booming market for a long time because we are reinvirming in the United States,” said Vance.

Vice President JD Vance arrives to attend the comments of President Donald Trump about reciprocal tariffs in the White House Garden in Washington, DC, on April 2, 2025.

Saul Loeb/AFP through Getty Images

“We care more about US workers and small businesses. They are the ones that will really benefit from these policies,” he added.

Vance then suggested that there will be “some transition” that comes with the rates; However, he turned to describe the objective of the administration to try to obtain new investments in the United States.

“Yes, there is a transition that will come along with this, but you are already seeing the evidence that things are improving,” said Vance. “Egg prices are lower, energy prices are lower. You have billion dollars of new investments that enter the country. Those are the people who are building factories because they want to avoid tariffs,” he added.

-ABC News’ Kelsey Walsh

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