Over the last year, while President Joe Biden was in office, Trump took credit for stock market rallies as a vote of confidence in his electoral prospects. When the market dipped, he blamed Biden and Vice President Kamala Harris. And he predicted that if Democrats won the 2024 presidential election, the stock market would have crashed.

US President Donald Trump positioned himself as a top businessman and an expert in the "art of the deal" during his campaigns for the White House but his economic policies have since been called into

The U.S. stock market is sinking further Thursday after President Donald Trump raised the stakes in his trade war, pulling Wall Street more than 9% below its record set just a month ago. The S&P 500 was down 1.