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Amid a market collapse after its dramatic announcement of global rates, Trump took the time to show off his ‘gold map’ to reporters aboard Air Force One on Thursday.
Rich immigrants can buy the map for $ 5 million to get US tenure. It contains Donald Trump’s face.
“For $ 5 million it could be yours,” the president pitched. “Do you know what the card is? This is the golden card, the trump card, ‘the president said.
“Who is the first buyer?” One of the reporters asked.
“I,” Trump said.
“The second?” The reporter demanded.
“I don’t know, but I’m the first buyer. It will be in … less than two weeks. Quite exciting, right? ” asked the president.
“Does anyone want to buy one?” Trump asked.
Media emphasized the interaction between Trump and the reporters.
Howard Lutnick, Secretary of Trade, announced the “sale of 1,000 gold cards this week this week, which raised $ 5 billion on a single day.”
Unlike US citizens, golden cardholders do not have to pay taxes to the US government on their overseas revenue.
Trump launched the maps in February to enable wealthy immigrants to live and work in the US. The price will give them stay in the US and essentially replace the current EB-5 immigrant Investor Visa program, according to the Forbes.
Trump was quickly asked by reporters about the negative impact of his new rates on the global markets.
“Well, I mean, it’s expecting it to be a patient who was very sick,” Trump claims. “We really inherited a terrible economy … with a lot of problems.”
It was a ‘sick patient who went through an operation on’ Liberation Day ‘,’ he added, referring to his name for the day he announced the new rates on Wednesday.
“It’s going to be a bleeding country … it’s going to be incredible. We see it, because we have trillions of dollars that are committed to coming in. ‘
Trump regularly claimed that tariffs on products imported to the US are paid by countries where the goods arise. In fact, US companies that import the products to the US government pay and usually surrender much of the costs to US consumers.
In response to Trump’s trade war, the S&P 500 had its worst day since 2020, with a 4.8 percent drop.
Technical stocks such as Apple and Amazon have fallen further while markets in Asia and Europe have withdrawn.
The rates were exposed by Democrats, some Republicans, business groups and trade experts. Economists have issued warnings that rates would raise prices for US consumers and that employers would lead to appointing.
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