President Donald Trump and his economic team dismissed investors’ fears of inflation and recession, offering no apologies for the market turmoil sparked by sweeping global tariffs and defiantly insisting a boom is on the horizon.
Trump, speaking Sunday on Air Force One, struck a determined tone and repeatedly defended the tariff barrage unveiled last week. He also drew something of a line in the sand, saying he wouldn’t strike deals to cut the highest tariffs unless they’d eliminate the U.S. trade deficit with that country.
"We’re going to become a wealthy nation again — wealthy like never before,” Trump told reporters Sunday. "We have all the advantages. Forget markets for a second — we have all the advantages.”
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