World rates are unlikely to go down, but they could « climb », President of the United States Donald Trump He says.
In an interview with Fox News Presenter Maria Ba Bratiromo, Sunday, decreased the fears of a recession in misfortune after a tumultuous week for the North -American Values Market, as investors faced an additional uncertainty of Trump’s rates.
Trump exempted certain products marketed under North -American Free Trade Rules On Thursday. In the following hours, the S&P 500 had the worst negotiation day of the year, while Nasdaq fell 2.6 percent and Dow Jones’s industrial average dropped by 1.0 percent.
Trump said Trump said that the United States « will have an interruption, but we are fine with that. »
Batiso asked him why he paused, Trump said he « wanted to help Mexico and Canada to some extent », and also wanted to « help the manufacturers of North -Americans ».
« We are a big and big country and they do many businesses with us, while in our case it is much less significant. We do very little with Canada compared, » said Trump.
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« I thought it would be a fair thing to do and so I gave them some rest for a short period of time. »
Baissing, pressured by the concern that his policies, especially his lack of clarity in the rates, may have led to a recession, Trump dismissed him by saying that « rates could increase as time goes on. »
« We may be able to climb with some rates, I don’t think we will go, but we may go up and, but you know, they have a lot of clarity. They only use it. It’s like, almost a bite of sound. They always say, » we want to clarity. «
Trump said on Friday that soon will wear new rates On Canadian dairy and lumber that match the « extremely high » functions that Canada says to send these products to the United States
The rates, if they are instituted, seem to be separated from the so -called reciprocal rates that Trump plans to begin imposing on April 2, which will coincide with all rates with products sold by other countries in the United States.
They would also be at the helm of the 25 percent rates of Canadian goods and 10 percent of Canadian energy rights that began on Tuesday.
Bappy asked about « the growing concern for a slowdown, » Trump said: « I hate predicting things like this. There is a transitional period, because what we do is great. We return to wealth in America. This is great. And there are always periods of (it takes a while), but I think it should be great for us. »
& Copy 2025 Global News, a division of Corus Entertainment Inc.
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