“Our country has to deal with one historic humiliation after another on the global stage, and at home our basic rights and freedoms are under siege,” Trump said during a speech at an America First Policy Institute event.

The American Dream has been "torn to shreds," he stressed.

Earlier, economists at the US bank JPMorgan Chase & Co.

considered dangerous proximity of the US economy to recession.

Prior to this, Trump said that the United States economy is already in a recession.