刚刚！特朗普，火速回应！

Core Viewpoint - The article discusses President Trump's comments on the U.S. economy, emphasizing that it is in a "transition period" and downplaying concerns about a potential recession, while also calling for interest rate cuts from the Federal Reserve [1][2]. Economic Transition - Trump stated that the U.S. economy is currently in a "transition period" and expressed confidence that it will perform well in the long run [2][4]. - He highlighted strong employment figures and reiterated his call for the Federal Reserve to lower interest rates, arguing that consumers have been waiting for prices to drop and that there is no inflation [2][3]. Economic Data and Recession Concerns - The U.S. GDP shrank by 0.3% on an annualized basis in the first quarter, marking a return to negative growth since the first quarter of 2022 [3]. - The increase in imports was cited as a significant factor contributing to this economic contraction, as businesses rushed to import goods before tariffs were implemented [3][4]. - Consumer spending growth slowed, indicating a more cautious consumer attitude [3]. Trade Policy Impact - Trump's administration's trade policies, particularly the imposition of tariffs, have created uncertainty for businesses and consumers, raising concerns about a potential recession [3][4]. - A report from the Kiel Institute for the World Economy suggested that U.S. tariffs could lead to inflation rising above 5% and exports potentially plummeting by nearly 17% [3]. Market Reactions - Following the economic data release, U.S. stock indices experienced significant volatility, with the Dow Jones rising by 564.47 points, or 1.39%, by the end of the trading day [6]. - Major tech stocks showed strength, although Apple faced a decline due to concerns over tariff-related costs, which are expected to add $900 million in expenses in the second quarter [6]. Future Outlook - Analysts predict that the impact of tariffs will become more apparent in the coming months, with corporate earnings likely to reflect the pressure from these policies [7]. - Despite short-term recovery in the stock market, there are concerns about the sustainability of this rebound, with potential for economic data to exhibit "abnormal" characteristics in the near future [7].