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.”

  • dhork@lemmy.world
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    11 hours ago

    There is one thing I can predict: if Trump’s policies tank our economy. He will blame everyone but himself.

      • dhork@lemmy.world
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        11 hours ago

        No, it’s not a certainty that Trump’s policies will cause a recession. What if we get hit by a giant meteor before then, wiping out humanity before the tariffs have a chance to do any damage? Or if God finally decides He has had enough and exercises His Ultimate Recall Vote on Trump and his presidency tomorrow?

    • Fingolfinz@lemmy.world
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      10 hours ago

      So will his piece of shit voters so never let them squirm their way out of accountability for electing Nero

    • Brkdncr@lemmy.world
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      3 hours ago

      Biden, hunters laptop, DEI, Hilary, assorted transgender concerns.

      Didn’t miss any other causes of the upcoming recession?

      Edit: tan suits.

      • CosmicTurtle0@lemmy.dbzer0.com
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        9 hours ago
        • not being Christian enough
        • too many people vaccinated
        • too many people wearing masks
        • no prayer in schools
        • violent TV shows/video games
        • the gay agenda
        • satanic panic
        • colored jelly bracelets
        • rainbow parties
        • migrants hiking to the border
        • drugs
        • Dungeons and Dragons
        • Harry Potter/witchcraft

        All pitched by the right as to why our country is off-course.

          • dhork@lemmy.world
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            9 hours ago

            There’s an alternate universe where Obama has never owned a tan suit, Harambe is still alive, and President AOC is in office after President Sanders’ retirement…

            • grue@lemmy.world
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              6 hours ago

              That’s the universe where the Brooks Brothers Riot didn’t succeed and Al Gore became president.