Amid looming trade wars, rising inflation, and stock market volatility, President Donald Trump refrained from predicting a recession in the United States in a recent interview. With concerns sparked by negative growth data from the Federal Reserve Bank of Atlanta, Trump emphasized the significant transition underway due to the administration’s economic policies.

In response to the economic landscape, Trump agreed to a one-month delay for some tariffs on imports from Mexico and Canada, following a brief implementation of tariffs that was paused until April 2. Despite the temporary reprieve, the stock market experienced a downturn, prompting Trump to caution against focusing too heavily on market fluctuations.

Trump hinted at the possibility of increasing tariffs post-April 2, emphasizing the need for Americans to brace for potential disruptions from trade wars. While tariffs are expected to impact various products, including groceries, Trump and his allies defend them as a means to bolster domestic manufacturing and competitiveness.

In contrast to Trump’s stance on predicting a recession, Commerce Secretary Howard Lutnick expressed confidence on NBC’s “Meet the Press,” stating that he foresees no recession in America as long as Trump continues to drive economic growth. The ongoing economic uncertainties and policy decisions underscore the complex dynamics influencing the U.S. economy.

Overall, the article highlights the intricate interplay between trade policies, market reactions, and the potential for economic challenges, offering insights into the evolving economic landscape under the current administration.