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.”
Experts could have easily predicted that for him.
There is no 200 IQ 4D chess plan. He just wings it as he goes. He says and does whatever “feels good” to him at the moment with zero regards to consequences, consistency or truth. He doesn’t consult experts, he doesn’t study anything because he thinks he knows everything about everything already. He is simply lucky when things go his way and is really good at shifting blame when they don’t.