West Palm Beach, Florida | President Donald Trump declined to rule out a recession this year as the economy stutters from his efforts to impose tariffs and rebuild the US manufacturing sector, acknowledging in an interview broadcast on Sunday (Monday AEDT) that “it takes a little time” before Americans will see a payoff from his policies.
Trump’s recognition of the turbulence in the US economy was a reversal from previous cheering that his policies would deliver quick victories to voters and businesses, and it stood in contrast to reassurances from his own advisers on Sunday that no recession was in sight.
