Trump Says a Recession Would Be Worth It, but Economists Are Skeptical
President Trump and his advisers say his policies may cause short-term pain but will produce big gains over time. Many economists are skeptical of those arguments.
Read more at The New York Times
Topics
-
Trump 'an agent of chaos and confusion,' economists warn — but a U.S. recession isn't in the cards yet
Economists say Trump is proving to be an "agent of chaos" with his unpredictable trade tariff policies but a downturn isn't in the cards just yet.CNBC - Mar. 10 -
Economists thought Trump would try to prevent a recession. That’s now in doubt.
What are President Donald Trump and his team thinking with their recent talk about possible economic pain for the U.S.?MarketWatch - Mar. 10 -
Would Trump Risk a Recession?
The president still believes that his protectionist trade policies will be “great for us” in the long run, but won’t rule out short-term economic pain.The New York Times - Mar. 10 -
Zelenskyy says partial ceasefire would be 'positive' but expresses 'skepticism'
President Donald Trump held a high-stakes call with Russia's Vladimir Putin on Tuesday as he tries to win his approval of a 30-day ceasefire with Ukraine.ABC News - 7h -
Graham 'extremely skeptical' that Russia will accept ceasefire
Sen. Lindsey Graham (R-S.C.), a leading Senate voice on foreign policy issues, praised President Trump on Wednesday for getting Ukraine to agree to a 30-day ceasefire, but he expressed strong ...The Hill - 6d -
Trump’s policies set to cool growth and lift inflation, economists say
FT-Booth survey also signals rising concerns over quality of US economic dataFinancial Times - 22h -
Risk of ‘Trumpcession’ rising, economists say, as global markets fall
Donald Trump’s brinkmanship and stop-start approach to tariffs rattle investors. Business live – latest updates The risk that the US economy will enter recession this year is rising, according ...The Guardian - Mar. 10 -
Lutnick says Trump tariffs 'worth it' even if they lead to recession
Commerce Secretary Howard Lutnick said Tuesday that President Trump’s tariff policies will be worth it, even if the economy ends up in a recession. In an interview that aired Tuesday, CBS News’s ...The Hill - 6d -
2-year Treasury yield ends at lowest level in 6 months on recession talk
Bond yields dropped sharply on Monday after President Donald Trump over the weekend shrugged off the possibility that his policies would cause a U.S. recession.MarketWatch - Mar. 10
More from The New York Times
-
Japan Reaches Peak Shohei Ohtani as Dodgers and Cubs Open MLB Season
Major League Baseball has had no shortage of stars, but it has never seen a sensation like Ohtani, who is Japan’s answer to Babe Ruth.The New York Times - 11h -
How CoreWeave Went From Crypto Mining to Wall Street’s A.I. Bellwether
CoreWeave, which provides computing power for A.I., was founded by three Bitcoin enthusiasts. The company is now set to make the first prominent A.I. initial public offering.The New York Times - 18h -
Nvidia Is Hosting the Super Bowl of A.I.
The giant chipmaker has transformed its annual developer conference from an academic event into a who’s who gathering for the future of artificial intelligence.The New York Times - 6h -
Hollywood Filmmaker Charged With $11 Million Conspiracy to Defraud Netflix
Prosecutors say Carl Erik Rinsch used funds for a science-fiction series for personal investments. An arbitrator ruled in Netflix’s favor last year.The New York Times - 3h -
An Uncertain Economic Moment Poses a Big Test for the Fed
The U.S. central bank prepares to meet under a cloud of concern about the economic hit from President Trump’s tariffs.The New York Times - 1d
More in Business
-
Bank of Japan keeps rates steady as Trump tariffs cast a shadow over economic outlook
The BOJ's decision comes ahead of the Federal Reserve's policy meeting, where the U.S. central bank is expected to keep its benchmark interest rate steady.CNBC - 29m -
Can Trump and Musk Convince More Conservatives to Buy Teslas?
President Trump rallied support for Elon Musk’s car company, but there may not be enough conservatives willing to buy electric cars to make up for the Democrats who now shun Teslas.The New York Times - 43m -
Social Security Employees Warn of Damage From DOGE
Current and former employees, both Republican and Democratic, are raising alarms about the damage cost-cutting efforts could do to the agency’s ability to serve the public.The New York Times - 43m -
Trump’s Tariff Policies Jolt Auto Industry Executives
President Trump’s approach to tariffs has unsettled many corporate leaders who believed he would use the levies as a negotiating tool. As it turns out, he sees them as an end in themselves.The New York Times - 43m -
Ben & Jerry’s says CEO ousted by Unilever over political activism
Ice cream brand alleges parent is ‘dismantling’ merger agreement that protected its ‘progressive values’Financial Times - 1h