The US Treasury Secretary cannot guarantee that the US economy will not decline
The Trump administration in the United States has introduced a series of tariff policies and made frequent changes, leading to a decline in business and consumer confidence. Recently, various economic data in the United States have frequently shown "red lights", highlighting increasing concerns about a Trump recession. On March 16th, US Treasury Secretary Mnuchin said in an interview that he "cannot guarantee that the US economy will not fall into recession." However, he also repeatedly emphasized that the U.S. government is adopting "steady and lasting policies," there will be an "adjustment" in the U.S. economy, it will go through a transition period but won't trigger a financial crisis.
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