He writes further in his post that the US economy will flourish.
"But we must get rid of the "aftermath" from Biden. This will take some time, has nothing to do with the tariffs", he writes.
"Be patient", he adds in uppercase with three exclamation marks after the appeal.
The post comes as statistics show that the US GDP decreased by 0.3 percent during the first quarter of the year, the first negative figure for a quarter in the US since 2022.
Falling consumption and a significant increase in imports ahead of the tariff shock that came at the beginning of April explain the decline that follows the growth of 2.4 percent during the fourth quarter last year – when Biden was president.
On Wall Street, a new wave of recession fears immediately spread after the GDP figure for the first quarter of the year. Long-term interest rates in the US are rising and the S&P500 index is falling.
