Moneycontrol PRO
X

business

White House says US in period of 'economic transition'

In a recent White House briefing, Press Secretary Karoline Leavitt addressed the state of the U.S. economy following a significant plunge in the stock market. Leavitt explained that the country is currently undergoing an "economic transition," emphasizing President Trump’s ongoing commitment to restoring American manufacturing and global dominance. With tariffs on steel and aluminum set to take effect tomorrow, Leavitt reiterated the administration's stance and its focus on revitalizing U.S. industry. Watch as the White House responds to tough questions about the economic outlook and the president's role in this volatile moment.

first published: Mar 13, 2025 08:00 am

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347