WASHINGTON—President Donald Trump said on March 9 that his tariff plan would likely impact the economy, describing it as a “transition period” that would ultimately benefit the country.
“There is a period of transition because what we’re doing is very big. We’re bringing wealth back to America,” Trump said in an interview with Maria Bartiromo, host of Fox News’s “Sunday Morning Futures.”
When asked about business leaders voicing concerns about the uncertainty and market volatility his tariff announcements have caused, Trump said that his focus remains on the future.
“Look, what I have to do is build a strong country. You can’t really watch the stock market,” he said. “If you look at China, they have a 100-year perspective. We have a quarter. We go by quarters. And you can’t go by that. You have to do what’s right. What we’re doing is we’re building a tremendous foundation for the future.”...
