Editor’s Note: This article has been updated to accurately reflect President Donald Trump’s current status.

President Donald Trump took to Truth Social on Wednesday to distance himself from the current state of the stock market, reminding followers, This is Biden’s Stock Market, not Trump’s.”

Trump, who began his term on Jan. 20, said the current downturn “has NOTHING TO DO WITH TARIFFS” and pointed instead to what he called the lingering “Biden overhang.”

“Be patient!” Trump added, asserting that a boom is coming once the …

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