First-term Sen. Elissa Slotkin of Michigan has delivered the Democratic response to President Donald Trump’s joint congressional address.
President Donald Trump addressed "rising worries" that his policies—particularly his lack of clarity on tariffs—may lead to a recession during an appearance on Fox News ' Sunday Morning Futures with Maria Bartiromo.
Declines in consumer confidence and the policies of the current administration have set off alarm bells for some American economists.
President Donald Trump's commerce secretary Howard Lutnick, in a Sunday interview, made a big promise — one that Trump himself won't make.
Some analysts fear tariffs will not only make goods more expensive, but could create "stagflation" - a period of slow growth but high inflation.
U.S. stock futures fell Sunday, as President Donald Trump offered little reassurance after the S&P 500 had its worst week since September.
Trump’s acknowledgment of economic turbulence was a reversal from previous cheering of his policies, and it contrasted with reassurances from his own advisers Sunday.
ToplinePresident Donald Trump did not deny there could be a recession this year under his leadership, telling Fox News there would be a “period of transition” as his economic policies take effect, as the president’s rapidly shifting tariffs on goods from Mexico and Canada have rattled the stock market and led to warnings of an economic downturn.
"I hate to predict things like that," Trump said when pressed about the possibility of a recession during a recorded interview that aired on "Sunday Morning Futures with Maria Bartiromo."
President Trump addressed economic uncertainty on Fox News, admitting the US is in a "period of transition."
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