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President Trump claims to have solved US inflation amid market turmoil
euronews (in English)
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9 months ago
President Trump claims to have solved US inflation amid market turmoil
The US president's remarks follow a global surge in stocks on Monday after he eased some of his tariffs.
READ MORE : http://www.euronews.com/2025/04/15/president-trump-claims-to-have-solved-us-inflation-amid-market-turmoil
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00:00
U.S. President Donald Trump claims he's fixed inflation, despite the recent market turmoil
00:06
triggered by his enactment of global tariffs.
00:09
We have to solve problems, and we already solved inflation.
00:12
If you look at the numbers, the numbers are incredible, actually.
00:16
The stock market's up, and we're not letting other countries take advantage of this country
00:22
like they have for the last 40 years.
00:25
His remarks follow the release of the latest monthly consumer price report,
00:29
which shows a 2.4% inflation rate for March.
00:33
It also comes after the U.S. President offered an exemption to Apple and other technology companies,
00:39
prompting global stock rises after another tumultuous week.
00:43
Trump has since announced he might temporarily exempt the auto industry from tariffs
00:49
to give carmakers time to adjust their supply chains.
00:53
However, many economists remain reluctant to view a single consumer report
00:58
as evidence of a broader trend, and continue to fear that Trump's tariffs will raise prices
01:04
and harm the economy.
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