US President Donald Trump said that the United States is in a “transitional stage” and that its economic performance will be “great”, at the same time, at the same time, at the same time, the impact of any economic stagnation in the short term.
When asked during an interview with NBC News about whether it is likely to have a short -term stagnation, Trump said, “Well, anything is possible … We are now in a transitional stage … but I think we will have the greatest economy in history,” considering that his policies will eventually lead to the prosperity of the economy.
Results issued last Wednesday showed the decline in the gross domestic product in the largest economic power in the world in the first chapter of the year 2025 by 0.3% at an annual pace, which is the first time in three years.
Financial markets have recorded a turmoil since Trump returned to the White House, as he started a commercial war with a comprehensive customs duties on imported products to the United States.
However, the stock prices came back on Friday in Wall Street after a government report on unemployment and employment was issued that included better data than expected. Where the American economy added 177 thousand jobs in April, overcoming expectations, and the unemployment rate stabilized at 4.2%, and data helped calm fears of economic slowdown.
Beijing said on Friday that she is studying an offer from Washington to hold talks on the customs duties imposed by Trump by 145% on Chinese imports.
Upon closing the American markets yesterday, the results were as follows:
- The Standard & Poor’s 500 index rose 81.19 points, an increase of 1.45% to close at 5685.33 points.
- The Nasdaq Al -Mujamah index rose 261.97 points, or 1.49%, to 17973.99 points.
- The Dow Jones Industrial Index advances 43 points, or 1.36%, to 41308.39 points.
