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President Donald Trump On Friday, the worries were fired on a short -term recession, saying that the US economy was in a “transition period” and the country “will be fantastic.”
“You say,” Some people on Wall -dit say. “Well, I will tell you something else: some people on Wall -Rate say we will have the biggest economy in history,” Trump Kristen Wellker said in an interview with NBC News, after she asked about the problems with Wall Strate that The the possibility of recession increases.
“Why don’t you talk about them? Because some people on Wall -Rate say that’s the biggest thing when -something happened.”
Trump shifts the guilt to Biden’s US economy that shrinks
Asked whether the president believes that the recession in the short term in order, trying to achieve his long -term goals, said, “Yes, everything is fine. What we are, I replied that this is a transition period. I think we will do fantastically.”
Recession fears have grown recently after Trump imposed tariffs on different countries, including China, which could lead to Higher prices and problems with the supply chain.
President Donald Trump dismissed Friday’s concerns about a short -term recession, saying that the US economy is in a “transition period” and the country will be fantastic. ” (Andrew Harnica/Getti Image)
Trump has also seen a small immersion in the approval ratings for returning with the economy since he has taken office.
“Gasoline just ripped $ 1.98 a gallon, the lowest in years, products (and eggs!) Down, energy reduction, mortgages down, employment of strong and much more good news, as billions of dollars pour out of tariffs,” Trump wrote in Truth Social Friday.
“Just as I said, and we are just in the transition stage just starting !!!
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“You say,” Some people on Wall -Story say. “Well, I will tell you something else: some people on Wall -Rate say that in an interview with NBC News we will have the biggest economy,” said Trump Kristen Wellker. (Michael Nagl)
Earlier this week, the President acknowledged that tariffs could lead to higher short -term prices.
“You know, someone said,” Oh, the shelves will be open. “Well, the children may have two dolls instead of 30 dolls, you know, and perhaps two dolls will cost a couple of bucks more than usual,” Trump said at the end of the cabinet meeting, accepting questions.
Trump said the United States should do a “fair cause” about tariffs. (Brendan Smialowski/AFP via Getty Images)
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“But we don’t talk about where we will have to get out of our way,” he added. “They have ships that are loaded, most of which we don’t need. And we must do a fair business. We were thwarted by every country in the world, but China, I would say, a presenter.”