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.”

  • dhork@lemmy.world
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    29 days ago

    There is one thing I can predict: if Trump’s policies tank our economy. He will blame everyone but himself.

    • Fingolfinz@lemmy.world
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      29 days ago

      So will his piece of shit voters so never let them squirm their way out of accountability for electing Nero

    • Brkdncr@lemmy.world
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      29 days ago

      Biden, hunters laptop, DEI, Hilary, assorted transgender concerns.

      Didn’t miss any other causes of the upcoming recession?

      Edit: tan suits.