Economy
‘Chaos and confusion’ follow Trump’s order to freeze federal dollars
The normally bullish Trump over the weekend declined to rule out the possibility of a full-blown recession as his tariff policies threaten to spark a massive global trade war.
“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.”
Trump imposing new tariffs on top of broader policy uncertainty will mean a hit to growth. The question is how large of a hit it will ultimately be.
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