94Ha Viewpoint
US President Trump: Egg and gasoline prices have fallen. I don’t think there will be a recession at all. The US economy will be “remarkable”.
US media reported on the 9th that US President Trump defended the government’s tariff policy in an interview that day and refused to rule out the possibility that the US economy would fall into recession as a result.
Trump was interviewed by Fox News Channel that day. When asked whether he expected a recession in the United States this year, Trump said he was “unwilling to predict such a thing”. Trump said that the US government is “bringing wealth back to the United States”, but “it will take a little time”.
The New York Times and other media websites reported that Trump refused to rule out the possibility that economic policies such as tariffs would trigger a recession in the United States. Later on the 9th, when the media asked again whether the United States would experience a recession, Trump told reporters on the presidential plane “Air Force One”: “Who knows?”
Trump signed an executive order on February 1 to impose a 25% tariff on products imported from Mexico and Canada. On February 3, Trump announced that the tariff increase measures on the two countries would be suspended for 30 days and negotiations would continue. According to this decision, the relevant tariff increase measures took effect on March 4. On March 6, Trump signed an executive order to adjust the tariff increase measures on the two countries, exempting imported goods that meet the preferential conditions of the USMCA from tariffs. The “changing orders every day” tariff policy caused significant fluctuations in the stock market and increased investor uncertainty.
