Trumps says economy is in ‘transition period, downplays recession concerns

President Donald Trump Failed to worry on Friday due to short -term recession, saying that the American economy is in a “transitional period” and the country will “make fantastic”.

“You say,” Some people on Wall Street say. “Well, I’ll tell you something else: Some people on Wall Street say we’ll have the biggest economy in history,” Trump told Kristen Welker in an interview with NBC News after asking about Wall Street concern that The Wall Street the possibility of recession increases.

“Why don’t you talk about them? Because some people on Wall Street say this is the biggest thing that has ever happened.”

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Asked if the president thinks the short -term recession while trying to achieve his long -term goals, Trump said, “Yes, everything is fine. What we are, I said this is a transitional period. I think we will do fantastic.”

The fears for the recession have increased recently after Trump imposed tariffs with various countries, including China, which could lead More prices and problems with the supply chain.

President Donald Trump rejected worries on Friday because of short -term recession, saying that the US economy is in a “transitional period” and the country will “make fantastic”. (Andrew Hardik/Getty Images)

Trump has also seen a slight decline in his assessments of the management of the economy since he took over his duty.

“The gasoline just broke $ 1.98 per gallon, the lowest in years, foods (and eggs!) Fall, reduced energy, mortgage rates, strong and much good news, because billions of dollars pour out of tariff,” Trump wrote on a true Friday.

“Just like I said, and we’re just in the transitional phase, they just started !!! Consumers have been waiting for years to lower the prices. No inflation, the FED should reduce their rate !!!”

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“You say,” Some people on Wall Street say. “Well, I’ll tell you something else: some people on Wall Street say we’ll have the biggest economy in history,” Trump Kristen Welker said in an interview with NBC News. (Michael sudden)

Earlier this week, the President admitted that the tariffs could lead to higher prices in the short term.

“You know, someone said, ‘Oh, shelves will be open. “Well, maybe the kids will have two dolls instead of 30 dolls, you know? And maybe two dolls will cost a few dollars more than you would otherwise,” Trump said at the end of the cabinet meeting on Wednesday while taking questions.

Trump said they should now make a “honest deal” regarding the tariffs. (Brendan Smialowski/AFP via Getty Images)

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“But we’re not talking about something where we’ll have to get out of the way,” he added. “They have ships that are filled with things, and we don’t need most. We have to agree properly. Every country in the world has taken us away, but China, I would say, it’s leading.”