Donald Trump recognized the possibility of a “Transition period” for the United States economy conditioned by the tariffs that your administration has imposed or pretend to impose on imports of goods and services in other countries. These have been the US president statements in an interview in the Fox News conservative chain. During the same, the presenter Maria Bartiromo asked her about the iIndicators pointing to a possible recession This year, “I hate to predict things like that. There is a period of transition, because what we are doing is very large, we are bringing the wealth to the US again,” Trump said.
In the Air Force One, back from its weekend in Mar-A-Lago, Trump clarified that it is normal to doubt the possibility of the US to enter recession. “Who knows? The only thing I can tell you is that we are going to raise hundreds of billions in tariffs and we will become so rich that we will not know how to spend all that money.” 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: Does they want to impose us 100%? We will impose 100%.”
Trump had to address the swings in the tariffs of his government to Mexico and Canadathat concern the markets, and said that on April 2 the “Reciprocal tariffs”insisting that they make sense because other countries are “cheating” their own, while last week he acknowledged that their economic policy may require “small adjustments” for Americans. Regarding reciprocal tariffs on the goods of those countries that take US imports, Lutnick explained that “some products that are made abroad may be more expensive, but Americans will be reduced, and that is the goal.”
From his 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 this afternoon 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 “Help US manufacturers” And he gave them “a little respite”, but he said that the encumbrances “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 perspective. We are going for quarters, and it cannot be done so, you have to do the right thing,” he said.
