Trump: If Democrats win midterm elections, there will be a Great Depression like 1929

Visit Tennessee, the Republican stronghold, to encourage voting in the midterm elections... “Be sure to vote Republican.”

Korea Zinc’s investment in Tennessee was also mentioned… “More than 8 trillion won invested in mineral smelter construction”

(Washington = Yonhap News) Correspondent Park Seong-min = U.S. President Donald Trump encouraged his supporters to vote on the 10th (local time), claiming that if the opposition Democratic Party wins in the November midterm elections, the U.S. economy will slump.

In a midterm election rally speech in Clarksville, Tennessee, President Trump said, "If the Democrats win, you will have a 1929-style Great Depression. All you have to do is vote Republican."

Tennessee is a region called the Republican stronghold. During the 2024 presidential election, President Trump won a landslide victory in Tennessee, defeating his opponent, Democratic candidate Kamala Harris, by about 30 percentage points.

Although the Republican Party is likely to lose in this midterm election, the situation in Tennessee is favorable to the Republican Party in both the U.S. Senate and Governor elections.

Nevertheless, President Trump's visit here is interpreted as a strategy to encourage voting among MAGA, his strong support base, across the United States.

From the beginning of his speech, President Trump said, "Please vote as if I am running," and added, "You must go out to vote because communists, socialist Democrats will commit election fraud."

He added, "We need to win big enough that this election can't be rigged. Early voting begins on October 14th in Tennessee, so let's win big."

In his speech that day, President Trump repeated several times the words, “You must go out to vote” and “You must vote Republican.”

Regarding the high oil prices caused by the war with Iran, President Trump claimed, "We have lowered all prices, and oil prices are lower than during the Biden era," and emphasized, "We have resolved the Iranian nuclear issue. As soon as we end this war, oil prices will fall sharply and the war will end very soon."

President Trump said that not only American but also foreign companies are investing a significant amount in the United States due to his tariff policy, and also mentioned that the Korean company Korea Zinc invested in Tennessee.

“Thanks to my tariff policy, Korea Zinc is investing more than $6 billion (approximately 8 trillion won) to create 740 jobs right here in Montgomery and Smith counties,” he said. “It will be the first new mineral smelter built in the United States since 1979.”

Meanwhile, after mentioning that President Trump renamed the Gulf of Mexico to the Gulf of America and Lake Ontario to Lake America, he said, "We need an ocean. So, I was thinking of the Atlantic or Pacific Ocean. I think it would be better if we call it 'Trump Ocean' or 'Ocean of America.'"