Trump team rejects market fears

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WASHINGTON: President Donald Trump's top economic officials 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.

As Trump posted videos of himself golfing in Florida, White House trade czar Peter Navarro said investors should believe Trump’s determination, even if levels change through negotiation.

Short also said a potential recession would risk other elements of Trump’s agenda, including talks in Congress on extending tax cuts from his first term, if Republicans face constituents’ pressure about rising costs.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaAntarcticaAustraliaChinaUnited StatesVietnam

Topics: /Business/Business News Trump Market Tariffs Markets Recession

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-08 @ 00:00:00 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 1117 words

Reading Time: 7 minutes read

Sentences: 37 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 27691661

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 43 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 38 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

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