The Wall Street Journal

Trump declines to rule out recession

Trump declines to rule out recession
President Donald Trump's tariffs have rattled Wall Street. (Image: Getty)
The Wall Street Journal
By Tim HanrahanPresident Donald Trump declined to rule out that the US economy would contract this year and enter a recession, saying that his sweeping economic agenda could cause short-term turbulence that he believed would drive future prosperity.Asked in a Sunday Morning Futures interview on Fox News if he was expecting a recession this year, Trump replied: “I hate to predict things like that. There is a period of transition because what we’re doing is very big.”Trump has moved to overhaul the US economy in an agenda focusi...

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