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.”

  • CharlesDarwin@lemmy.world
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    15 hours ago

    If it crashes, I’m sure it will be Biden’s fault. Also: Kamala’s.

    Also, I’m sure Kamala would have been just as bad because something something neocon genocide…

    In any case, I think the corporate media would be doing the very least if they called it the Trump Depression/Recession.