Eric Trump, the second son of former President Donald Trump, recently expressed concerns about the current state of the stock market, labeling the recent downturn as a sign of potential larger economic problems if Vice President Kamala Harris were to become President in the upcoming November election.
“We’re dealing with a country that’s akin to having a major leak in the roof,” Trump, 40, shared in an interview with The Post. “Now, imagine there’s a storm on the horizon. My father and I believe it’s crucial to fix that leak before focusing on cosmetic changes like crown molding. That’s essentially what Harris is proposing.”
This week, Wall Street experienced significant volatility, with the Dow Jones Industrial Average dropping over 1,033 points—a nearly 10% decline—amid fears that the U.S. might be heading toward a recession. The Nasdaq, which is heavily weighted with technology stocks, also fell by 3.4%.
Eric Trump connects this market turmoil and the recent rise in violent crime across the country with the prospect of Kamala Harris becoming the Democratic presidential nominee. “It’s remarkable how quickly Kamala Harris went from being ridiculed by the media to being elevated to a prominent position in a mere 48 hours,” he remarked. “I believe the market reacted to this sudden shift, and if my father wins, we can expect a market rally without a doubt.”
Trump further emphasized that a second term for Donald Trump would be a positive development for business owners who might be apprehensive about the possibility of another four years under Democratic leadership. “The markets thrive on low taxes, minimal regulation, and a government that stays out of the way. Businesses appreciate a leader who champions American interests and invests in infrastructure to lower energy costs, which are crucial to every modern business.”
Reflecting on the past four years, Eric Trump noted that he has heard from numerous business leaders who have struggled under the current administration. “I’ve spoken with many friends from various industries who’ve told me their companies are down significantly compared to when my father was in office. They’re struggling,” he explained.
Eric Trump also voiced concerns about public safety, a topic that became deeply personal after the attack on his father at a rally in Butler, PA. “I was in disbelief when I first heard the news,” he said. “Seeing the blood on my father’s face made it all too real. As an experienced marksman, I know that a 130-yard shot is relatively easy, which only adds to my anger about the incident.”
Despite the challenges, Eric Trump remains optimistic about his father’s recovery and future prospects. “My father is recovering swiftly and is stronger than ever,” he said. “It’s a testament to his resilience, and we are eager for him to return to office to tackle the critical issues of the economy and public safety.”
Although not officially part of the campaign, Eric Trump plays a key role in supporting his father’s bid and was a notable figure at this year’s Republican National Convention.