Trump says US economy in ‘transition’ as trade war escalates

US President Donald Trump has refused to reveal whether the US economy is facing a recession due to the administration’s flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip flip.

Trump asked if he was looking forward to the recession this year. Trump said that the “transition period” is happening.

But Howard Rootnick, the Minister of Commerce, admitted that the price of some products could increase, claiming that there would be no contract in the world’s largest economy.

Investors are in some major areas of aggressive trade policy, and after uncertainty from his executive’s U -turn, the volatility of the US financial market is good.

China’s new TIT TAT tariffs on some US agricultural products have been fermented on Monday.

Trump replied on Sunday’s interview with Fox News in an interview.

Trump said, “It takes some time, but I think it will be good for us.

Last week, the United States imposed a 25%new tariff on imports in Mexico and Canada, but two days later, it was exempt from the product.

Trump also doubled its blanket tariffs on China’s products to 20%. As a result, Beijing announced a retaliation tax on the import of agricultural goods.

Starting today, certain American agricultural products, including chicken, beef, pork, wheat, and soybeans, are faced with a new tariff of 10-15%.

The United States has accused China, Mexico and Canada that it is not enough to end the flow of illegal drugs and immigrants to the United States. The three countries refused to accuse.

Wall Street’s stocks fell after Trump had a trade war with the best trading partner in the United States.

Investors are afraid that the tariffs will lead to higher prices and ultimately lead to the growth of the world’s largest economy.

Lutnick spoke on Sunday NBC and said, “Foreign products can be a bit more expensive, but US products will be cheaper.”

But when the US economy could face the economic downturn, Lutnick added:

Former US Department of Commerce, Frank Lavin, thought that the trade war was unlikely to be controlled by the BBC.

Targets will eventually be “disappearing a little,” but still “further burden on the US economy.”