Reported about 21 hours ago
In response to falling stock markets, President Trump and his team have presented multiple explanations, emphasizing that the current economic turmoil is temporary and largely due to factors beyond their tariff policies. While Trump insists that tariffs will ultimately stabilize the U.S. economy and lead to market growth, his advisers have pointed to industry-specific issues and blamed the prior administration for the market's struggles. Despite positive job reports, analysts are concerned about the increasing economic impacts of the tariffs, including higher inflation and potential recession risks.
Source: YAHOO