Reposted by @mrnotsoniceguy.bsky.social
Trump's administration argues that tax cuts and tariff revenue will spur the economy, despite market turmoil caused by his tariff policies.
bloomberg.com
Trump Says US Economy Faces ‘Transition,’ Avoids Recession Call
President Donald Trump said the US economy faces “a period of transition,” deflecting concerns about the risks of a US slowdown as his early focus on tariffs and federal job cuts cause market turmoil.