Trump Acknowledges Economic Recession!

Global Haber Gündemi @global_haber_gundemi
Trump acknowledged that the US economy could enter a recession.

US President Trump made striking statements about the state of the economy on NBC's program.

Trump stated that a short-term economic recession might not be a problem. However, uncertainties regarding trade tariffs continue to create fears in the business world. Economists have noted a 90% chance of recession.

Trump said, "Everything is fine. I said this is a transitional period. I think we will do a great job." However, these statements led to fluctuations in the markets.

Following Trump's statements, the New York stock market experienced a sharp decline. The Dow Jones index lost 1700 points, dropping 3.98% to 40,545.93 points. This situation once again highlighted the effects of trade wars.

Analysts express concerns that Trump's tariffs could push the economy into recession. During this process, the search for safe havens by investors is increasing.