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Trump Says Economy Will See ‘Period of Transition’
Cheddar News
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10 months ago
President Trump's recent remarks about a potential 2025 recession have led to a sharp drop in U.S. stock markets.
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00:00
President Trump's recent remarks about a potential 2025 recession have led to a sharp
00:05
drop in U.S. stock markets.
00:07
The S&P 500 saw a 1.3% decline on Monday, its worst weekly performance in six months.
00:14
When asked on Fox News if he expected a recession this year, Trump said, quote, I hate to predict
00:19
things like that.
00:20
There is a period of transition because what we're doing is very big.
00:25
Investors are particularly concerned about the effects of Trump's tariff policies on
00:28
the economy, and his reluctance to dismiss the possibility of a recession, combined
00:33
with his defensive tariffs, has contributed to increased market volatility.
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