Recession Insights: Trump Claims 'Anything Can Happen'

Recession Insights from Trump

Recession insights come from President Trump as he weighs in on whether the U.S. will enter a recession, stating that ‘anything can happen’. However, he argues the country’s economic state will be 'OK' in the long-term. During an interview with NBC’s “Meet The Press”, scheduled to air in full on Sunday, Trump first dismissed concerns regarding a possible recession.

Trump's Optimistic Outlook

Trump shared his belief that, despite ongoing challenges, the U.S. is experiencing a transition period and suggested that ‘we are going to do fantastically’. In a response to whether he has concerns about an impending recession, he stated ‘anything can happen’, yet maintained a strong optimistic view of the future economy, claiming we will have ‘the greatest economy in the history of our country.’

Market Reactions and Economic Policies

With concerns surrounding Trump’s tariffs affecting the global economy, it was noted that the U.S. gross domestic product (GDP) saw a decrease of 0.3% in the first quarter of 2025. Prominent analysts and titans on Wall Street have warned about the potential for a recession due to Trump's trade policies.

Trump attributed the stock market volatility to former President Biden while denying that tariff imposition was to blame. He remarked, ‘This is Biden’s Stock Market, not Trump’s’, referring to past administrations and their impact on market stability.

Tariff Strategies and Global Trade

Initially, Trump disrupted the world’s trade practices by implementing tariffs on major trading allies such as Mexico, Canada, and China. Although he allowed for a 90-day negotiation period by pausing tariffs for many nations, he retained a flat 10% import tax. Trump has since escalated the trade war against China dramatically.