Summary
Donald Trump declined to rule out a U.S. recession in 2025, citing a “period of transition” due to his trade policies.
When asked if tariffs would fuel inflation, he acknowledged the possibility but pointed to lower interest rates.
Despite stock market volatility, he insisted “you have to do what’s right.” The Atlanta Federal Reserve warned of economic contraction, raising recession fears.
Commerce Secretary Howard Lutnick dismissed concerns, predicting strong growth. Trump’s stance contrasts with his past claims that trade wars are “good and easy to win.”
He’s admitting that it’s going to happen. What he isn’t admitting to, is that he’s the one at fault for it.