Trump Declines to Rule Out Recession as Tariffs Begin to Bite
President Trump said that Americans would be better off in the long run from his tariffs, which he said would prevent the country from being "ripped off."

- March 9, 2025, 3:07 p.m. ET
President Trump declined to rule out the possibility that his economic policies, including aggressive tariffs against America's trade partners, would cause a recession in an interview aired Sunday on Fox News.
Mr. Trump also told Maria Bartiromo, the host of "Sunday Morning Futures," that he was considering increasing tariffs against Mexico and Canada.
In the interview, which took place Thursday at the White House, Ms. Bartiromo referenced "rising worries about a slowdown" and asked Mr. Trump: "Are you expecting a recession this year?"
"I hate to predict things like that," Mr. Trump responded. "There is a period of transition, because what we're doing is very big. We're bringing wealth back to America. That's a big thing, and there are always periods of, it takes a little time. It takes a little time, but I think it should be great for us."
No comments:
Post a Comment