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US President Donald Trump on Sunday (local time) claimed credit for the US stock market performance and gains in American national security--calling it driven by tariffs. He also predicted the Dow to touch a record 100,000 by the end of his term.
In a post on Truth Social, the US President said, "Record Stock Market, and National Security, driven by our Great TARIFFS. I am predicting 100,000 on the DOW by the end of my Term. REMEMBER, TRUMP WAS RIGHT ABOUT EVERYTHING! I hope the United States Supreme Court is watching." Trump's remark comes after key US stock market indices- Dow Jones Futures, S&O 500 and Nasdaq showed positive ratings according to CNN Business. The National Security Strategy Document released in November 2025 called economic security fundamental to national security- with the focus of Washington on balanced trade, trade deals, securing access to critical supply chains and materials, reindustrialisation and energy dominance. The document boasted US of world's leading financial and capital markets, calling them "pillars of American influence that policymakers significant leverage and tools to advance America's national security priorities." Trump's invocation of Supreme Court comes amid ongoing legal challenges to his tariff policies. Earlier in January, he addressed them during a campaign-style stop in Clive, Iowa, expressing hope that the Supreme Court would ultimately rule in favour of his administration, even as lower courts have declared his sweeping tariff regime illegal. Referring to the pending legal challenge, Trump criticised judicial decisions blocking his tariffs and portrayed them as being favourable to China." I hope we win the Supreme Court case," Trump said. "You know, we have people that are China-oriented, people literally that [are] very China-oriented and foreign-country-oriented trying to stop that." Trump warned that even an adverse ruling from the Supreme Court would not deter him from pursuing wide-ranging tariffs, insisting his administration would find alternative ways to implement them. "We'll get it done. One way or the other, we're going to do it. If we have to do it a different way, we'll do it," he said. Defending his trade approach, Trump claimed his policies were generating massive revenue for the United States. His remarks followed developments at the US Supreme Court, which on January 20 issued three rulings but stopped short of deciding the closely watched case challenging the legality of Trump's global tariff policy. The court did not provide any indication on when it might take up the dispute next, maintaining its practice of not announcing in advance which decisions will be delivered on any given day. The court's decision to defer a ruling has left uncertainty hanging over Trump's trade agenda, even as lower courts have already questioned the legality of the sweeping measures. (ANI)
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