First-term Sen. Elissa Slotkin of Michigan has delivered the Democratic response to President Donald Trump’s joint congressional address.
Asked in an interview with Maria Bartiromo whether the U.S. could soon face a recession, Donald Trump said, "I hate to predict things like that."
· 20h
Fox News Host Presses Donald Trump on 'Rising Worries' About Recession
· 21h · on MSN
Trump Won’t Deny There Could Be A Recession—Warns Of ‘Period Of Transition’ In Economy
Trump admitted the US is in a 'period of transition' but didn't rule out the possibility of a recession
President Donald Trump downplayed economic uncertainty over his tariffs, saying a "period of transition" is headed for the US economy as it adjusts. But he notably did not rule out a recession in the near future.
Donald Trump has declined to rule out either a recession or higher inflation while dismissing the concerns of business over a lack of clarity on tariffs, after a tumultuous week in which he watered down elements of his aggressive trade agenda.
With fears on the rise, and amid major changes made by the Trump Administration, here's a look at where things stand.
Economists say Trump is proving to be an “agent of chaos” with his unpredictable trade tariff policies but a downturn isn’t in the cards just yet.
President Donald Trump declined Sunday to rule out the possibility that the United States might enter a recession this year.
The president dodged any talk of an economic downturn during a surprisingly testy interview with Fox News host Maria Bartiromo on Sunday. "There are rising worries about a slowdown," Bartiromo said plainly.
President Donald Trump's commerce secretary Howard Lutnick, in a Sunday interview, made a big promise — one that Trump himself won't make.
Some analysts fear tariffs will not only make goods more expensive, but could create "stagflation" - a period of slow growth but high inflation.
Treasuries rallied as President Donald Trump’s comments on “a period of transition” for the US economy added to concern that a slowdown could be just around the corner.
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