Reported about 12 hours ago
President Trump stated that the US economy is undergoing a 'transition' period, downplaying recession concerns amidst market volatility caused by his tariff policies and federal job cuts. In a recent Fox News interview, he avoided predicting a recession, focusing instead on potential future tax cuts and tariff revenues aimed at bolstering the economy. Despite market fluctuations leading to a significant stock market decline, Trump asserted that the economic adjustments were necessary and would ultimately benefit the nation.
Source: YAHOO