Former President Donald Trump vowed to improve the economy from day one if elected. However, after his victory, he acknowledged the difficulty in reducing food costs. Seven weeks into his hypothetical administration, Trump’s tariff policies have caused market turbulence and raised fears of a potential recession. During his first major speech to Congress, Trump defended his tariffs on key trading partners like Canada, China, and Mexico, stating they are essential for making America wealthy again. Despite market fluctuations and economic transition concerns, Trump remains optimistic about long-term economic growth. The White House attributes current market turmoil to a temporary period of economic transition.— news from ABC News
