Trump downplays recession fears as business leaders sound alarm
- President Donald Trump is scheduled to meet with America's leading business executives to discuss economic uncertainty and tariffs, amid fears of a recession.
- The stock market lost $1.75 trillion, with recession odds rising to 39%, raising concerns for business leaders and investors.
- Trump expressed optimism about the economy, stating, 'I'm very optimistic about the country,' despite recession fears.
- Economic analyst Steven Rattner noted that Republicans are wrongly blaming the current downturn on the Biden administration, as markets surged under Biden before truces on tariffs began.
39 Articles
39 Articles
Trump says he doesn’t see a recession ‘at all’ after stock market rattle - Washington Examiner
President Donald Trump downplayed the prospect of a recession days after previously dodging the topic during an interview that added to uncertainty circling Wall Street. “I don’t see it at all,” Trump told reporters on Tuesday at the White House. “I think this country’s going to boom, but, as I said, I can do it the easy way or the hard way.” During a photo opportunity with Elon Musk and a fleet of Tesla vehicles on the South Lawn, Trump said th…
Trump dismisses US recession fears
President Donald Trump has dismissed concerns that the United States is heading for a recession amid falling stock prices caused by the trade war. The stock market decline on Monday continued into Tuesday following a new round of tariffs on Mexico, China, and Canada, which now faces additional surcharges. Speaking at the White House as Elon Musk delivered Tesla vehicles at his request, Trump declared that America’s economy “is in for a boom.” Wh…
Donald Trump will be accountable to CEO’s of banks after Monday’s ‘drop’ on Wall Street
U.S. President Donald Trump plans to meet with top business executives on Tuesday, while industry leaders face uncertainty about wide-ranging tariffs and a market liquidation driven by recession fears. The Washington-based meeting with the Business Round Table is scheduled to include executive directors from across the country, including the heads of Wall Street credit giants, according to familiar people.The representatives of the Business Roun…
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