Trump reduces work concerns about uncertainty about his definition
West Palm Beach, Florida (AP) – President Donald Trump Reject Work concerns on suspicion Because of the planned definitions of a group of American commercial partners and the possibility High prices, It does not rule out the possibility a recession this year.
After imposing it, then it stops at 25 % of the customs tariffs on imports from Mexico and Canada, which sent markets that exceed the fears of a commercial war, Trump said his plans are broader. The “mutual” definitions It will enter into force on April 2, and raise them to match what other countries evaluate.
He said in an interview with “Sunday Morning Futures” on April 2, everything becomes mutual. “
When asked about Atlanta’s Federal Reserve warning of economic contraction in the first quarter of the year, Trump apparently admitted that his plans could affect our growth. However, he claimed that he would eventually be “great for us.”
Julie Walker, AP correspondent, told President Trump about the work concerns about the uncertainty of his definition and the possibility of high prices.
When asked if he expected a stagnation in 2025, Trump replied: “I hate to predict things like that. There is a transition period because what we do is very big. We return wealth to America. This is a big thing.” Then he added, “It takes some time. It takes some time.”
In Wall StreetA A difficult week with Wild fluctuations Fears over the economy and suspicion About Trump’s tariff.
Trump cleans fears of companies that seek stability because they make investment decisions. He said, “For years, globalization is the great globalization of the United States,” and now, “All we do is to restore some of them, and we will deal with our country fairly.”
The Republican President said: “As you know, tariffs can rise over time, and you may rise, as you know, I do not know whether this is the ability to predict,”
Last week, Trump raised the tariff of Mexico and Canada on American auto manufacturers, then almost all imports to the United States, but he kept them on goods from China.
More customs tariffs will come this week, as Trade Minister Howet The Press told NBC that the definitions of 25 % on steel and aluminum imports will be valid on Wednesday. Lootnick said Trump’s tariff that threatened with Canadian dairy and wood products despite the waiting until April.
“Will there be defects? Of course, Lottenic said. Foreign goods may become a little more expensive. But American goods will become cheaper, and will help Americans by buying Americans.”
