Wall Street’s worst crisis since the COVID-19 crash deepened Friday after China matched Donald Trump’s big raise in tariffs, but Americans must give the president some time, Rep. Jeff Van Drew, R-N.J., told Newsmax on Friday.

“It’s going to be a lot better than OK,” Van Drew said on “American Agenda.” “We knew that this was going to be a little bit rocky, a little bit bumpy, a little bit difficult in the beginning. Literally, the president has only been in for a few months. You can already see, though, that many countries are coming to the table.”

Wall Street nosedived for a second straight day Friday, with the Nasdaq Composite confirming a bear market and the Dow Jones Industrial Average entering a correction, as an escalating global trade war spurred the biggest losses since the pandemic.

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