US President Donald Trump
US President Donald Trump refused to rule out the possibility that his country’s economy could shrink this year and enter a recession, but he made clear that his sweeping economic agenda could cause short-term disruptions that he believes will drive future prosperity. 
In a Fox News interview aired Sunday, Trump did not rule out the possibility of a recession this year, stating that there is a transition period due to the scale of his administration’s economic measures. He prefers not to make predictions on such matters.
However, he declined to respond when asked whether he could reassure businesses seeking more clarity on his trade policy. He expected that tariffs to increase over time.
Although he was attentive to stock market performance during his first term, Trump downplayed its significance in his current agenda.
He stated that his priority is building a strong nation, adding that the stock market cannot be the main focus and pointing to China’s long-term vision spanning 100 years.
This follows the launch of his economic agenda, which prioritizes imposing new tariffs, tightening immigration policies, reducing regulations, cutting government jobs and taxes, and curbing spending on various federal programs.
US President Donald Trump
US President Donald Trump refused to rule out the possibility that his country’s economy could shrink this year and enter a recession, but he made clear that his sweeping economic agenda could cause short-term disruptions that he believes will drive future prosperity.
In a Fox News interview aired Sunday, Trump did not rule out the possibility of a recession this year, stating that there is a transition period due to the scale of his administration’s economic measures. He prefers not to make predictions on such matters.
However, he declined to respond when asked whether he could reassure businesses seeking more clarity on his trade policy. He expected that tariffs to increase over time.
Although he was attentive to stock market performance during his first term, Trump downplayed its significance in his current agenda.
He stated that his priority is building a strong nation, adding that the stock market cannot be the main focus and pointing to China’s long-term vision spanning 100 years.
This follows the launch of his economic agenda, which prioritizes imposing new tariffs, tightening immigration policies, reducing regulations, cutting government jobs and taxes, and curbing spending on various federal programs.
