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    Home » Blog » Trump dismisses recession concerns as ‘transition period’: ‘We’re going to do fantastically’

    Trump dismisses recession concerns as ‘transition period’: ‘We’re going to do fantastically’

    May 4, 2025Updated:May 4, 2025 example-1 No Comments
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    Donald Trump, leader, stoked worries about a looming recession by saying “everything’s Alright.”

    This year, the Bureau of Economic Analysis released its report, which revealed that the market fell by 0.3 % between January and April. 5 % of GDP was negatively impacted by imports.

    Kristen Welker, a host of NBC, inquired about the possibility of a downturn in the near future in an appointment for Meet the Press. The leader half rejected the inquiry.

    ” Look, yes, everything is okay. What we are, I said, this is a transition period. In a video released before the whole Meet the Press show’s broadcasting, Trump stated that he believes the team would accomplish fantastically.

    Trump said he wasn’t worried about a crisis, but he also said,” Anything can happen, but I think we’re going to have the greatest business in the background of our land.”

    Trump is currently in the middle of a 90-day wait on tariffs against 86 nations, according to this report. The technique has received criticism and raised concerns about a crisis. Scott Bessent, one of Trump’s top officials, has generally refuted projections of a looming recession.

    TRUMP’S Grade BRISTLES REPUBLICAN PARTY RECORDS

    Trump’s and his administration’s strategic response to the report has been to blame” the Biden” Overhang,” as Trump&nbsp called it in a Truth Social post. According to Stephen Miran, chairman of the Council of Economic Advisors, a poor second quarter gross domestic product review was blamed on “lingering issues with the market left to us by President Biden’s economic policies” for the “poor month” of January.

    For an event that may air Sunday morning, the meeting was recorded Friday at Mar-A-Lago.

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