Very complicated start of the United States that can have great reverberation worldwide. “Transition period” is the word that Donald Trump has used so as not to rule out the possibility that his country suffers an economic recession as a result of the tariff war that has promoted against much of the international powers, such as China, Canada, Mexico or the European Union itself. Of course, he has done it in his own way.
“I hate to predict things like that. There is a transition periodbecause what we are doing is very big, “said the US president in an interview granted to the Fox News chain, where while talking about this” transition period “he has also assured that he is” bringing the wealth to the US again. “What he does generates special concern about this possibility is that it has not been the first time to comment on this weekend.
In the Air Force One, shortly after ending his stay in his residence in Mar-a-Lago, Trump already warned-newly in his own way-about the possibility that the United States enters economic recession at the rate of the commercial war declared to the entire world. “Who knows? The only thing I can tell you is that Let’s raise hundreds of billions in tariffs and We are going to become so rich That we are not going to know how to spend all that money, “he replied.
In parallel, the Secretary of Commerce, Howard Lutnick, in an interview at NBC, said that “There will be no recession in the US“And he argued that” global tariffs are going to go down because President Trump has said: do they want to impose us 100 %? We will impose 100 %. “Trump had to address the fluctuations in the tariffs of his government to Mexico and Canada, that they worry the markets, and said that on April 2 the” reciprocal tariffs “will enter into force, insisting that they make sense because other countries are” cheating “to their own, while last week he acknowledged that their economic policy may require” small adjustments ” Americans.
Regarding reciprocal tariffs on the assets of those countries that take US imports, Lutnick explained that “Some products that are made abroad may be more expensivebut the Americans will be reduced, and that is the goal. “From their return to the White House, Trump has threatened tariffs to Mexico and Canada, as well as China, among other countries, and has applied the rates to, in some cases, temporarily revert them, as in the case of the goods included in the T-MEC Agreement with its neighbors.
“We are going to attract jobs, we will reopen factories“He promised in statements to the press before landing in Washington. Regarding the pause in tariffs to the automotive sector, fully integrated between the three countries, he declared that he did it because he wanted to” help US manufacturers “and gave them” a small respite “, but said that the taxes” can go up “later.
In addition, Trump refused to evaluate these policies according to the impact on the stock market and proposed the Chinese economic monitoring model: “If they look at China, they have a 100 -year -old perspective. We are going for quarters, and you can’t do so, you have to do the right thing, “he said.
Source: Lasexta
Ricardo is a renowned author and journalist, known for his exceptional writing on top-news stories. He currently works as a writer at the 247 News Agency, where he is known for his ability to deliver breaking news and insightful analysis on the most pressing issues of the day.
