Trump administration, Donald Trump, US economy, Trump tariffs, US news, US politics Business | The Guardian
President downplays recent stock market volatility that followed his ducking and weaving over tariff policyDonald Trump on Sunday refused to rule out the possibility that the US economy will head into recession this year and that inflation will rise, as his chaotic trade tariffs policy cause uncertainty and market turbulence.The US president predicted that his economic goals would take time and a period of transition to bear fruit. But when asked in an interview with the Fox News show Sunday Morning Futures “are you expecting a recession this year?” he demurred.Reuters contributed reporting Continue reading…
President downplays recent stock market volatility that followed his ducking and weaving over tariff policy
Donald Trump on Sunday refused to rule out the possibility that the US economy will head into recession this year and that inflation will rise, as his chaotic trade tariffs policy cause uncertainty and market turbulence.
The US president predicted that his economic goals would take time and a period of transition to bear fruit. But when asked in an interview with the Fox News show Sunday Morning Futures “are you expecting a recession this year?” he demurred.
Reuters contributed reporting
