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The US president says that the economy is in the “transition period” between uncertainty on trade policy.
The United States President Donald Trump refused to rule out the possibility of the world’s largest economy in connection with the “American’s first” economic agenda.
In an interview with FOX News broadcast on Sunday, Trump collapsed when a recession was waiting for this year.
“I hate to predict such things. Because we have a transitional period, because we are doing rich. This is a big thing,” Trump said, during a meeting with futures on Sunday morning.
“It takes a little time, but I think it should be great for us.”
Trump’s comments are concerned about the back and forth ads in the market, in connection with the signs of the market rear and slow down in the US economy.
Last week, Trump, Mexico and Canada hit 25 percent tariff tariffs and doubled the speed of duty to Chinese goods.
However, only 48 hours later, it announced that some tariffs for Mexico and Canada will postpone the goods until April 2.
The Benchmark S & P500 index extended the worst weekly performance since September, fell from 3 percent to the last Monday until Friday.
Thursday, the General Inland Product of Atlanta Federal Reserve (GDP) Tracker reduced its assessment to the growth of 2.4 percent of the last month for the January-Mar.
Goldman Sachs, on Friday, raised the bets of up to 15 percent to 20 percent in the next 12 months.
The US Labor Statistics Bureau, which is a more positive sign for economic outlook, said 151,000 jobs were added in January – a bit lower than economists, but 2024.
In an interview with NBC on Sunday, the US Trading Secretary Howard Lutnick spoke about possible decline.
“Donald Trump is a winner. It will win for the American people. It will be in a way,” said Lutnick talked to meeting the press.
“There will be no recession in America.”
“I would never bet the recession,” said Lutnick. “No chance.”
