US Treasury Secretary: No guarantee that the United States will not fall into recession

PANews
PANews|3月 16, 2025 23:52
According to a report by Jin Shi, following US President Trump's refusal to guarantee that the US economy will not experience negative growth last weekend, the US Treasury Secretary also stated in an interview on Sunday (16th) that there is no guarantee that the US economy will not fall into recession. However, Bessent ruled out the possibility of a financial crisis in the NBC interview. When asked if he could guarantee that there would be no economic recession during Trump's presidency, Besson replied:; Cannot guarantee. Who can predict the COVID-19 epidemic& Besson said he is implementing sustainable and prudent policies, stating that the country needs to gradually move away from what he calls large-scale government spending. When asked if the adjustment would lead to an economic recession, Besent said:; There is no reason to do so& Besson refuted people's concerns about the recent decline in the US stock market, stating that the correction in the stock market is healthy. If the government implements good tax policies, relaxes regulations, and ensures energy security, the market will; The situation will be very good.
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