President Donald Trump described the U.S. economy as undergoing a “period of transition” on Fox News on Sunday. He downplayed concerns about a slowdown as tariffs and federal job cuts cause market turmoil.
Category
🗞
NewsTranscript
00:00It's Benzinga, bringing Wall Street to Main Street.
00:02President Donald Trump described the US economy as undergoing a period of transition on Fox News
00:07this Sunday. He downplayed concerns about a slowdown as tariffs and federal job cuts
00:12cause market turmoil. Trump acknowledged an adjustment period last week as tariffs take
00:16effect, minimizing market disturbances. Market volatility has surged, with the S&P 500 index
00:22dropping over 6% in recent weeks, and technology stocks like Nvidia and Tesla taking losses.
00:28Trump dismissed stock market concerns, attributing investor anxiety to globalists.
00:32For all things money, visit Benzinga.com.