© 2020 – 2023 AEA3 WEB | AEAƎ United Kingdom News
AEA3 WEB | AEAƎ United Kingdom News
News

‘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

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.

Reuters contributed reporting

Continue reading…

Related posts

Newly released doctor’s letters show Adolf Hitler’s fear of illness

AEA3

Queen’s state funeral to be followed by Windsor service and burial next to Philip

AEA3

Police scout for pro-Russian collaborators in eastern Ukraine

AEA3

Pin It on Pinterest

Share This