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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    23 hours ago

    There’s an alternate universe where Obama has never owned a tan suit, Harambe is still alive, and President AOC is in office after President Sanders’ retirement…

    • grue@lemmy.world
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      21 hours ago

      That’s the universe where the Brooks Brothers Riot didn’t succeed and Al Gore became president.