President Trump faces concerns about the economy Stock market bleeding And the costs of his trade war are piling up.
In a statement released Monday afternoon, the White House tried to highlight a variety of reasons I'm confident in the economy In a steady drum beat of concern.
“Since President Trump's election, industry leaders have responded to President Trump's first economic agenda of tariffs, deregulation and the release of American energy with their investment commitment to creating thousands of new jobs,” the White House said.
“President Trump will bring historic job, wage and investment growth in his first term and will do so again in his second term.”
The White House statement was a noticeable shift in tone from Trump's remarks in an interview with Fox Business News on Sunday. recession.
“I hate predicting such things,” Trump told Fox business host Maria Bartilomo on “Sunday Morning Futures” when asked if he was expecting a recession this year.
“there is Transition periodbecause what we do is huge. We bring wealth back to America. That's a big deal. And there is always a period – it takes a little time. It will take a little time. But I think it should be great for us. In other words, I think that should be great. ”
Trump's comments follow concerns between Wall Street and Senate Republicans about the impact of his economic agenda.
Read the full report at thehill.com.
