On March 10, the German “Business Daily” website published an article entitled “5 Aspects of How Donald Trump Is Torturing His Country's Economy”. The author was Astrid Derner. The content was compiled as follows: A recession in the US still seemed impossible at the beginning of this year. Many bankers and investors are hoping that US President Donald Trump will further boost strong economic growth through tax cuts and deregulation. At his inauguration, the Republican promised that America would usher in a “golden age.” On March 9, Trump dodged the question when the Fox News Channel host asked him if he expected a recession this year. He was just defending himself. Because the mood has turned gloomy. Capital markets expert Mohammed Erian is convinced that uncertainty caused by Trump's aggressive austerity measures and tariff policies is making consumers and businesses more cautious. Erian, who works as a consultant for Allianz and other companies, wrote in a Bloomberg guest article: “It's only a matter of time before economists lower their forecasts for US economic growth.”

On March 10, the German “Business Daily” website published an article entitled “5 Aspects of How Donald Trump Is Torturing His Country's Economy”. The author was Astrid Derner. The content was compiled as follows: A recession in the US still seemed impossible at the beginning of this year. Many bankers and investors are hoping that US President Donald Trump will further boost strong economic growth through tax cuts and deregulation. At his inauguration, the Republican promised that America would usher in a “golden age.” On March 9, Trump dodged the question when the Fox News Channel host asked him if he expected a recession this year. He was just defending himself. Because the mood has turned gloomy. Capital markets expert Mohammed Erian is convinced that uncertainty caused by Trump's aggressive austerity measures and tariff policies is making consumers and businesses more cautious. Erian, who works as a consultant for Allianz and other companies, wrote in a Bloomberg guest article: “It's only a matter of time before economists lower their forecasts for US economic growth.”