Commerce Secretary Howard Lutnick said on Sunday that the U.S. is headed for economic growth, not a recession.
In an exclusive interview with Meet the Press, Commerce Sec. Howard Lutnick says Americans should “absolutely not” brace for a recession amid warning signs from major banks like JP Morgan and Goldman Sachs.
President Donald Trump's commerce secretary Howard Lutnick, in a Sunday interview, made a big promise — one that Trump himself won't make.
U.S. Commerce Secretary Howard Lutnick said on Sunday he would strip out government spending from the gross domestic product (GDP) report, but gave no indication how soon this change might happen, while dismissing fears of a possible recession.
Commerce Secretary Howard Lutnick emphatically rejected the risks of a recession even as markets slide — and said America’s biggest trading partners could easily avoid Trumps
In a rare moment of honesty during a Fox News interview that aired Sunday morning, Trump declined to rule out the possibility that the 25 percent tariffs he imposed on Mexico and Canada this past week (and then paused—again), could trigger a recession.
Commerce Secretary Lutnick declared Sunday on NBC's "Meet The Press" that Trump's tariffs will "absolutely not" trigger a recession in the U.S. economy. "There's going to be no recession in America. What there's going to be is global tariffs are going to come down,
Commerce Secretary Lutnick dismisses recession fears despite Bitcoin's decline to $80,000 and increasing market concern over Trump's upcoming tariff implementation.
US President Donald Trump remains noncommittal about a potential recession in 2025. Despite reassurances from Trump and Commerce Secretary Howard Lutn