Trump doesn't rule out recession as trade war stirs uncertainty

As President Donald Trump doubles down on his escalating trade war against some of the country’s biggest economic partners, he is declining to rule out a recession as economic uncertainty grows. Meanwhile, tariffs on foreign steel and aluminum products are set to take effect Wednesday as the administration considers additional levies on Canadian lumber and dairy products. NBC’s Christine Romans reports for TODAY.

Topics

Eye Opener: President Trump declines to rule out possible recession

President Trump doesn't rule out a possible recession while Canada's new prime minister talks tough on the trade war with the U.S. Also, House Republicans unveiled a plan to prevent a government ...
CBS News - 2h
President Trump doesn't rule out a recession amid tariffs against allies

President Trump on Sunday defended his tariffs against some of the United States' allies. However, the continental trade war has rattled global markets and sparked concerns about a possible ...
CBS News - 2h
‘I hate to predict things’: Trump doesn’t rule out US recession amid trade tariffs

US president downplays recent stock market volatility that followed his ducking and weaving over tariff policy. US politics live – latest updates Donald Trump on Sunday refused to rule out the ...
The Guardian - 19h
Stocks slump after Trump declines to rule out recession

The major stock indexes tumbled in early trading on Monday.
ABC News - 58m
Trump doesn't rule out recession, rising inflation

In an interview with Fox News, President Trump acknowledged inflation could continue to rise and wouldn't say whether or not he thinks the U.S. economy could fall into a recession. Nikole Killion ...
CBS News - 15h
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 - 3h
Trump does not rule out recession as he rejects business fears over tariffs

US administration concedes some prices might rise as fears grow of trade chaos causing disruption
Financial Times - 22h
Trump doesn't rule out possibility of recession, Chinese retaliatory tariffs go into effect

President Trump said in a Fox News interview that aired over the weekend that inflation could continue to rise, but he wouldn't say if the U.S. could fall into a recession later this year. ...
CBS News - 2h
Trump Declines to Rule Out Recession as Tariffs Begin to Bite

President Trump said that Americans would be better off in the long run from his tariffs, which he said would prevent the country from being “ripped off.”
The New York Times - 18h
Trump Won’t Rule Out a Recession, and a Crackdown on Campus Protests

Plus, the Oscar film that pets are watching.
The New York Times - 5h
U.S. stock futures fall after a rough week on Wall Street, as Trump won’t rule out recession

U.S. stock futures fell Sunday, as President Donald Trump offered little reassurance after the S&P 500 had its worst week since September.
MarketWatch - 12h
3/9: CBS Weekend News

Trump doesn't rule out recession, rising inflation; Vineyard owner has winery dog cloned
CBS News - 7h
Trump economic adviser: US 'launched a drug war, not a trade war' with Mexico, Canada

Kevin Hassett, the Trump administration’s National Economic Council director, said the United States has not launched a trade war with Mexico and Canada but “a drug war.” Hassett joined ABC News’s ...
The Hill - 18h
This Is Who Loses in a Trade War

Europe, not Canada, Mexico or China, is most vulnerable to the fallout from Donald Trump’s mercantilist policies.
The New York Times - 9h
Canada's next prime minister managed the financial crisis, then Brexit and now Trump's trade war

Canada’s next prime minister has helped run two Group of Seven economies in crisis before and now will try to steer Canada through a looming trade war brought by U.S. President Donald Trump, a ...
ABC News - 10h
China returns fire in Trump’s trade war

Tariff salvo on US agricultural goods, Greenland goes to the polls and investors discover if buying Lego is still fun
Financial Times - 21h
'We launched a drug war, not a trade war': NEC director

President Trump’s top economic aide Kevin Hassett was interviewed on "This Week."
ABC News - 1d
Martin Wolf talks to Keyu Jin: Has China’s economy run out of gas?

The property crash and trade war are taking their toll
Financial Times - 10h
China preparing for a protracted trade war with U.S.

China announced retaliatory tariffs on U.S. agricultural products and targeted 25 American companies in response to the now 20% blanket tariffs President Trump placed on all Chinese goods. Anna ...
CBS News - 22h
Canada to choose new leader to face Trump in trade war with US

Former central banker Mark Carney favoured over Chrystia Freeland to replace Justin Trudeau as Liberal party head
Financial Times - 1d
Trump says US economy in 'transition' as trade war escalates

New retaliatory tariffs from China targeting some US farm products came into effect on Monday.
BBC News - 7h
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 - 2h
Sweeping Tariffs Threaten to Undo a 30-Year Trade Alliance

The stiff tariffs President Trump briefly imposed on Mexico and Canada this week could have pushed those allies into recession. The impact for America would be messy.
The New York Times - 3d
Stocks slump as recession fears rattle Wall Street

The stock market kicked off the week with losses Monday amid growing concern about the state of the U.S. economy and the impact of President Trump's trade policy. The Dow Jones Industrial Average ...
The Hill - 56m
Stocks Drop as Recession Fears Surface

Investors fear that tit-for-tat tariffs could raise prices, slow growth and sow uncertainty among businesses.
The New York Times - 1h
One of Wall Street’s biggest bulls now says a flash crash can’t be ruled out

Ed Yardeni says a bear market for stocks may already be underway, and a “flash crash” can’t be ruled out.
MarketWatch - 2h
Ukraine war live: Zelenskyy says Russia has carried out ‘hundreds of attacks’ against Ukraine this week

Ukrainian president calls for strengthened sanctions as he highlights weapons used against his country. Local officials from Russia ’s ruling party have caused controversy by presenting mothers of ...
The Guardian - 23h
Trump continues tariff tumult amid economic uncertainty

President Trump told reporters there could be some economic disturbance amid tweaks to tariffs at the end of a tumultuous week in the markets. NBC News Correspondents Aaron Gilchrist, Brian Cheung ...
NBC News - 2d
Republicans worry Trump's tariffs could harm economy

Republican lawmakers are growing alarmed over signs that President Trump’s expanding trade war is hurting the economy, something they’re hearing from constituents at home who are struggling to ...
The Hill - 5h
Canadians show their displeasure with President Trump

President Trump took aim at dairy and lumber imports from Canada, but the U.S.'s northern neighbor is fighting back. Ed O'Keefe reports on the latest in the tumultuous trade war.
CBS News - 1d
A Tariff Tantrum: the Upheaval from Trump’s Trade Policies

Corporate chiefs see “chaos,” and investors see red as the effect of President Trump’s shifting trade policy begins to weigh on board rooms and trading rooms.
The New York Times - 3d
Trump on if he's expecting recession this year: 'I hate to predict things like that'

President Trump faced a slew of questions about the economic ripple effects of his tariff policy during an interview with Maria Bartiromo on Fox News, including whether he worried about a looming ...
The Hill - 1d
EU must brace for impact of Trump wrecking ball on global trading system | Heather Stewart

UK appears to be out of US eyeline for now but it would not be immune to slowdown triggered by rising tariffs. Forget the “Trump put”, as financial analysts called the bet that the US president’s ...
The Guardian - 1d
Commerce Secretary Howard Lutnick says 'there’s going to be no recession in America'

Commerce Sec. Howard Lutnick said that Americans should "absolutely not" brace for a recession as President Donald Trump plans to implement far-reaching tariffs.
NBC News - 23h
Treasury yields tumble as stocks skid on tariff concerns, U.S. recession talk

Bond yields fell sharply Monday after President Donald Trump shrugged off the possibility that his policies would cause a recession.
MarketWatch - 1h
Wall Street Journal: 'Someone should sue' Trump over tariffs

The Wall Street Journal editorial board took a swipe at President Trump's recent tariff threats, alleging the administration is using a 48-year-old law to start a trade war. In a recent op-ed, the ...
The Hill - 2d
‘I’m deeply disturbed’: My portfolio lost 20%. With Trump’s trade war, do I sell my stocks and buy gold?

“With the current state of domestic and global affairs, I’m at a loss as to how to keep my economic stability in check.”
MarketWatch - 18h
‘Nothing like this in American history’: the crisis of Trump’s assault on the rule of law

Even if the supreme court were to resist the president’s onslaught, it has little means to enforce its decisions. When the chief justice of the US supreme court , John Roberts, delivered his ...
The Guardian - 1d
The US economy is heading for recession

Donald Trump’s policy agenda is sapping American animal spirits
Financial Times - 1d