Trump Declines to Rule Out Recession
5mins read: Debate Intensifies Over U.S. Recession Risks Amid New Tariffs and Trade Policies
Hey Small Biters,
Trump Declines to Rule Out Recession
President Trump's Stance on Recession: In a recent interview, President Trump did not dismiss the possibility of an economic recession within the year, acknowledging that his trade policies might cause "a little disturbance" but emphasizing their long-term benefits.
Implementation of New Tariffs: The administration has imposed 25% tariffs on steel and aluminum imports from Canada and Mexico, effective Wednesday, aiming to protect domestic industries and address trade imbalances.
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