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Trump Refuses To Rule Out Possible Recession: 'There Is A Period Of Transition'

11 0
10.03.2025

President Donald Trump refused to say whether he expects his planned tariffs and resulting economic uncertainty to lead the United States into a recession this year, in an answer that contradicted his own commerce secretary’s position that Americans should not brace for such an outcome.

In a taped interview aired on Fox News’ “Sunday Morning Futures,” the president told Maria Bartiromo that his plans for bigger “reciprocal” tariffs will go into effect on April 2. The White House had initially imposed 25% tariffs on imports from Mexico and Canada before quickly pausing them, leaving Wall Street unstable over concerns of a possible trade........

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