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

www.theguardian.com ‘I hate to predict things’: Trump doesn’t rule out US recession amid trade tariffs

President downplays recent stock market volatility that followed his ducking and weaving over tariff policy

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

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."

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