‘I hate to predict things’: Trump doesn’t rule out US recession amid trade tariffs - eviltoast

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.”

  • Brkdncr@lemmy.world
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    6 hours ago

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

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

    Edit: tan suits.

    • CosmicTurtle0@lemmy.dbzer0.com
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      12 hours ago
      • not being Christian enough
      • too many people vaccinated
      • too many people wearing masks
      • no prayer in schools
      • violent TV shows/video games
      • the gay agenda
      • satanic panic
      • colored jelly bracelets
      • rainbow parties
      • migrants hiking to the border
      • drugs
      • Dungeons and Dragons
      • Harry Potter/witchcraft

      All pitched by the right as to why our country is off-course.

        • dhork@lemmy.world
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          12 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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            10 hours ago

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