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📌 Wall Street Shaken by Trump’s Words ― The 2025 Tariff Shock and Market Turmoil --- Part I. Trump and the Stock Market ― The History of “Tweet Risk” 1) Trump and Market Instability The U.S. stock market has traditionally moved in response to fundamental indicators such as employment, consumer spending, interest rates, or corporate earnings. But at times, a single statement from a political leader can completely change the market’s direction. Former President Donald Trump has been the most prominent example of this phenomenon. Since his victory in the 2016 presidential election, Trump’s words have gone far beyond political rhetoric. They often translated directly into market volatility. His style of communication carried several distinct features: Unpredictable timing: His statements were often delivered suddenly through press conferences, impromptu interviews, or his personal social media accounts, rather than through official policy announcements. Emotional tone: Instead...