It is unlikely that the world rates will decrease, but “could go up”, American president Donald Trump said.
In an interview with Fox News host Maria Bartiromo on Sunday, Trump forced fears of an imminent recession after a tumultuous week for the US stock market while investors clashed with another uncertainty of Trump prices.
Trump has exempted certain products negotiated according to North American free trade rules THURSDAY. In the hours that followed, the S&P 500 experienced its worst day of negotiation of the year, while the NASDAQ plunged 2.6% and the industrial average of Dow Jones dropped by 1.0%.
Addressing the fall in the stock market, Trump said that the United States “would have a disruption, but we agree with this.”
Bartiromo asked him why he had interrupted certain prices, Trump said: “I wanted to help Mexico and Canada to a certain extent”, and he also wanted to “help American car manufacturers”.
“We are a big, large country and they do a lot of their business with us, while in our case, it is much less important. We do very little with Canada in comparison, “said Trump.
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“I thought it would be a good thing to do and so I gave them a short break for a short time.”
Pressed by Bartiromo on the concern that his policies – in particular his lack of clarity on prices – can lead to a recession, Trump rejected him by saying that “the prices could increase over time.”
“We can go up with prices, I don’t think we are going to go down, but we can go up and but, you know, they have a lot of clarity. They just use this. It’s like, almost a sound bite. They always say that: “We want clarity”. »»
Trump said on Friday that he would also bring soon price on Canada milkman And lumberjack which correspond to the “extremely high” functions that he says that Canada has invoices for the shipment of these products to the United States
The prices, if established, seem separated from the so-called reciprocal rates that Trump plans to start imposing on April 2, which will correspond to all prices on products sold by other countries in the United States
They would also be in addition to sweeping 25% prices on Canadian products and 10% rights on Canadian energy that started on Tuesday.
Bartiromo asked by “the increase in concerns of a slowdown,” Trump said: “I hate to predict things like that. There is a transition period, because what we do is very large. We bring the wealth in America. It’s a great thing. And there are always periods of – it takes a little time – but I think it should be great for us. »»
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