US EditionTrump Declines to Rule Out 2025 U.S. Recession, Warns of ‘Period of Transition’ in Economy
- President Donald Trump is not dismissing the possibility of a recession this year amidst economic uncertainties linked to his planned tariffs.
- Trump acknowledged the potential impact of his tariff plans on U.S. economic growth, especially after a warning from the Atlanta Fed about contraction.
- Commerce Secretary Howard Lutnick confirmed that 25% tariffs on steel and aluminum imports will take effect on Wednesday.
- Trump claimed, 'We're bringing wealth back to America,' while noting that foreign goods may become more expensive while American goods will become cheaper.
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304 Articles
What to Know About the Upcoming U.S. Recession - teleSUR English
President Trump acknowledged that there will be a ‘transition period’ before he can ‘bring wealth back to America.’ The term “Trumpcession” has of late emerged to describe a potential recession triggered by U.S. President Donald Trump’s unpredictable trade and economic policies. It has gained traction as key U.S. economic indicators show concerning trends, fueling growing apprehension among economists and investors. RELATED: Trade War: EU Sets $…
'Rattled' Trump allies flooding his chief of staff with 'panicked calls': report
Less than two months after moving back into the Oval Office, Donald Trump has reportedly alarmed some of his close allies to the point where they are overwhelming his chief of staff with pleas to do something about the chaos he is already creating.According to a report from the Wall Street Journal's...
'Panicked calls': Trump’s own advisers 'unnerved' by 'horrific start for the economic policy team'
Editor's Note: This story has been updated to adjust a quote.President Donald Trump’s changing tariff policies are creating unease among his own allies, the Wall Street Journal reported Thursday.Senior officials in the White House are consulting with business leaders and lobbyists to soften Trump’s rhetoric as those impacted by his policies work behind the scenes instead of directly with Trump.As the Journal reported, “In a meeting Monday in the…
'Serious and dangerous' for the economy: Trump's messaging scares some of his own advisers
President Trump’s trade policy and economic messaging have rattled some of his own allies, according to new Wall Street Journal reporting. Also, the WSJ Editorial Board writes about Trump's trade war and CNBC's Steve Liesman called Trump's moves 'insane'. The Morning Joe panel discusses.
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