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Al Jazeera
Al Jazeera
Politics
John Power

Trump declines to rule out US recession as tariffs spook investors

Donald Trump Recession United States Howard Lutnick Economy
US President Donald Trump speaks to reporters on board Air Force One on his return to Washington, DC, on March 9, 2025 [Kevin Lamarque/Reuters]

United States President Donald Trump has declined to rule out the possibility that the world’s largest economy is headed for a recession amid market concerns over his “America First” economic agenda.

In an interview with Fox News that aired on Sunday, Trump demurred when asked if he expected a recession this year.

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