President Trump won’t rule out a recession amid uncertainty over the impact of his tariffs. After making several references last week to possible economic pain, the president was asked on Fox News’ Sunday Morning Futures if he’s expecting a recession this year. He said, “I hate to predict things like that,” but suggested there will […]
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Trump isn’t ruling out a recession amid tariff concerns
President Trump won’t rule out a recession amid uncertainty over the impact of his tariffs. After making several references last week to possible economic pain, the president was asked on Fox News’ Sunday Morning Futures if he’s expecting a recession this year. He said, “I hate to predict things like that,” but suggested there will be “a period of transition.” He also said Americans will need to be patient before seeing the benefits of his tariff and trade policies.