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Trump Doesn’t Preclude a Recession This Year | Global News Avenue

Trump Doesn’t Preclude a Recession This Year

Key Points

  • President Donald Trump did not make the possibility of a U.S. recession this year in a television interview, as the White House imposes tariffs and federal government work increasingly cuts the U.S. economy.
  • “There was a transition period for a while,” Trump said in an interview with Fox News’ “Sunday Morning Future.”
  • Mark Carney, the new leader of the Canadian Liberal Party, promises retaliatory tariffs on American goods until “the Americans show respect to us.”

President Donald Trump has no discount Possibility of a U.S. recession this year due to White House imposition of tariffs and federal government Layoffs More and more attention is paid to the US economy.

“I hate to predict things like this. There was a transition for a while because we were doing a lot. We brought wealth back to the United States. It was a big deal,” he said in an interview with Fox News’ “Sunday Morning Future” and through Fox’s livenow When asked if he was looking forward to this year’s recession, the YouTube channel.

Then he added: “It takes a little time. It takes a little time. But I think it should be great for us.”

He said that in the decline of stock markets, the decline was “not much.”

“You can’t really look at Stockmarket.” The government “builds a huge foundation for the future.”

Major stock indexes Fall last week Exceed Continuous uncertainty Focusing on U.S. tariff policy, although they said in Federal Reserve Chairman Jerome Powell said the central bank is Wait for a look How will Trump’s policy changes affect the economy before pushing interest rates. Trump’s back and forth Trade policy has raised market uncertainty after two days of imposition, including delaying 25% tariffs in Canada and Mexico.

There is a Canada Revenge has been carried out. Meanwhile, former Bank of England and Bank of Canada governor Mark Carney was elected as the leader of the Canadian Liberal Party and played the role of the country’s prime minister on Sunday, Replace Justin Trudeau and guarantee retaliatory tariffs on American goods until “the Americans show respect to us.”

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