President Donald Trump has brushed off concerns that the USA is heading for a recession amid falling inventory costs attributable to the trade battle.
The inventory market decline on Monday endured into Tuesday following a brand unique spherical of tariffs on Mexico, China, and Canada, which now faces extra surcharges.
Speaking on the White Condominium as Elon Musk delivered Tesla autos at his keep a matter to of, Trump declared that The united states’s economic system “is in for a remark.”
When asked whether or no longer the trade tariffs may moreover lead to a broader economic downturn, Trump described them as “the keen ability.”
“I don’t peer a recession in any appreciate,” the President acknowledged. “I’m in a position to discontinuance it the easy ability or the keen ability. The keen ability to entire it is miles precisely what I’m doing.”
Trump reiterated his demand Canada to affix the USA, claiming the nation would no longer have to concern about safety.
“Canada can be big because the 51st declare. The of us of Canada pays less tax, and it makes more sense,” he acknowledged.
Trump also acknowledged that Ukrainian President Volodymyr Zelenskyy is welcome to come to the White Condominium for talks every time he’s ready.
