Donald Trump on Sunday refused to rule out the possibility that the US economy will head into recession this year and that inflation will rise, as his chaotic trade tariffs policy cause uncertainty and market turbulence.

The US president predicted that his economic goals would take time and a period of transition to bear fruit. But when asked in an interview with the Fox News show Sunday Morning Futures “are you expecting a recession this year?” he demurred.

“I hate to predict things like that. There is a period of transition, because what we’re doing is very big. We’re bringing wealth back to America. That’s a big thing. And there are always periods of, it takes a little time. It takes a little time, but I think it should be great for us,” Trump said.

  • Lit@lemmy.world
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    6 hours ago

    US Recession is due to Trump. He literally bankrupted his own casinos for his gains. He is basically going to do what he is good at to US.

    • Dicska@lemmy.world
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      9 minutes ago

      I wonder how all the MAGA cap people would react to a similar ‘I did that’/‘Thanks Obama’ sticker, but this time with Tump in it.