President Donald Trump addressed "rising worries" that his policies—particularly his lack of clarity on tariffs—may lead to a recession during an appearance on Fox News ' Sunday Morning Futures with Maria Bartiromo.
Declines in consumer confidence and the policies of the current administration have set off alarm bells for some American economists.
The sharp drop in consumers’ expectations about the economy brings one of the Conference Board’s metrics below the recession level threshold.
President Donald Trump declined in an interview aired 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.
U.S. tariffs that took effect on Tuesday are threatening to derail Canada's fledgling economic recovery and will fuel a rise in consumer prices and unemployment, potentially triggering a recession.
President Donald Trump did not deny there could be a recession this year under his leadership, telling Fox News there would be a “period of transition” as his economic policies take effect, as the president’s rapidly shifting tariffs on goods from Mexico and Canada have rattled the stock market and led to warnings of an economic downturn.
1hon MSN
U.S. stock futures fell Sunday, as President Donald Trump offered little reassurance after the S&P 500 had its worst week since September.
Bond traders are signaling an increasing risk that the US economy will stall as President Donald Trump’s chaotic tariff rollouts and federal-workforce cuts threaten to further restrain the pace of growth.
Commerce Secretary Howard Lutnick said on Sunday that the U.S. is headed for economic growth, not a recession.
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