American manufacturers are responding to President Donald Trump’s economic agenda with trillions of dollars in investment commitments, White House spokesman Kush Desai told reporters on Monday, commenting on the stock market decline due to the head of state’s words about a recession.
“Since President Trump’s election, industry leaders have responded to President Trump’s America First economic agenda of tariffs, deregulation, and unlocking American energy supplies with trillions of dollars in investment commitments that will create thousands of new jobs. President Trump delivered historic growth in jobs, wages, and investment in his first term and intends to do so again in his second,” he said.
Another White House official dismissed the market’s temporary fluctuations: “I’d like to emphasize that we’re seeing a strong divergence between the spirit of buoyancy in the stock market and what we’re actually seeing from businesses and business leaders, and the latter is obviously more significant than the former in terms of what’s coming for the economy in the medium to long term.”