President Donald Trump declined to say whether he expects his planned taxes and the consequent economic uncertainty that he will attract the United States to recession this year, in response that his own commerce secretary contradicts the position that Americans should not have such consequences.
Was broadcast in a tapped interview On Fox News “” Sunday morning’s future, “on The President told Maria Barteromo that his plans for big “mutual” revenue will be implemented on April 2. The White House initially imposed 25 % of imports from Mexico and Canada, before they became unstable over potential trade war concerns.
When Barteromo was asked about the Atlanta Federal Reserve’s warning of economic decline in the first quarter of the year – which produces very few goods and services – Trump acknowledged that his taxes could affect the country’s economic growth.
But despite claiming that these revenues would eventually be “great” for the United States, the president refused to say whether he expects to enter the country this year, as the major banks have now warned.
“I hate to predict such things. The transition is a period, because what we are doing is huge. We are bringing wealth back to America. This is a big thing, “he said.” And there are always periods – it takes a while, it takes a while. But I think it should be great for us. I mean, I think it should be great. It will be great for farmers.
Trump’s response contradicts Trade Secretary Howard Lotank’s remarks, the same day aired, In which he said Americans need “not at all” for recession.
“Whoever bet against Donald Trump, told NBC News” Met the Press “on Sunday. This is like people who were not the winner of Donald Trump a year ago.” “Donald Trump is the winner. He is going to win for the American people, just like that. There is no recession in the United States.
Lutnik looked unaware of his master’s comments about possible recession.
“We will take the United States into the world, increase our economy in a way that we have never increased before. You are going to see the biggest set of development from the United States as Americans in the next two years.” You have seen it, 1.3 trillion new investments are coming to the United States – all of these jobs, and all these jobs in the United States.
“So Donald Trump is developing in the United States,” he added. “I will never bet on recession, no chance.”
