Lutnick says Trump's policies are "worth it" even if they lead to recession

The president's tariff announcements have rocked the stock markets and fueled concerns of an economic downturn.

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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 - 10h
Commerce secretary says Trump's policies are "worth it" even if they lead to recession

President Trump backed off doubling Canadian steel and aluminum tariffs after Ontario suspended a 25% electricity surcharge on several U.S. states. Nancy Cordes talked to Commerce Secretary Howard ...
CBS News - 14h
3/11: CBS Evening News

Commerce secretary says Trump's policies are "worth it" even if they lead to recession; It's been 5 years since WHO declared COVID pandemic
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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 - 2d
Lutnick: ‘There’s going to be no recession in America’

Commerce Sec. Howard Lutnick shot down the possibility of a forthcoming recession in America, in an interview on NBC News’s “Meet the Press” on Sunday. “Absolutely not,” Lutnick said when asked ...
The Hill - 3d
Lutnick defends Trump tariffs: ‘This is the way you run the country’

Commerce Sec. Howard Lutnick defended President Trump’s approach to tariffs, saying on Sunday the president is focused on stopping fentanyl from entering the country and is actively engaging with ...
The Hill - 2d
Who’s Got Trump’s Ear on Tariffs? Lutnick or Navarro?

Corporate leaders and investors continue to be caught off guard by the president’s trade policy, especially as deal talks heat up.
The New York Times - 6d
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 - 2d
Johnson, House GOP dismiss market turmoil in defending Trump tariff policies

House Speaker Mike Johnson and other Republicans are dismissing stock market turmoil and recession concerns as they defend President Donald Trump's tariff policies.
ABC News - 17h
Evening Report — Shutdown drama unfolds amid recession fears

Presented by National Council on Aging — Congress is rushing to pass a continuing resolution to avoid a government shutdown. {beacon} Evening Report TRUMP FIRST 100 DAYS © Greg Nash Government ...
The Hill - 1d
US will be ‘central’ to climate fight even without Trump, says Cop30 president

André Corrêa do Lago suggests US organisations can play a constructive role even if government limits participation. The US will be “central” to solving the climate crisis despite Donald Trump’s ...
The Guardian - 1d
Americans should ‘absolutely not’ brace for recession despite bank warnings: Commerce secretary

In an exclusive interview with Meet the Press, Commerce Sec. Howard Lutnick says Americans should “absolutely not” brace for a recession amid warning signs from major banks like JP Morgan and ...
NBC News - 3d
3/10: CBS Evening News

U.S. stocks plunge after Trump's comments on potential recession sparks sell-off; Former MLB pitcher Art Schallock dies at 100
CBS News - 1d
The US economy is heading for recession

Donald Trump’s policy agenda is sapping American animal spirits
Financial Times - 3d
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 - 2d
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 - 2d
White House says U.S. is in 'period of economic transition' amid recession fears

White House press secretary Karoline Leavitt told reporters that the U.S. economy was in a "period of economic transition" and criticized the economic policies of the Biden administration amid ...
NBC News - 20h
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 - 2d
Powell Says the Fed Is in No Hurry to Adjust Rates Amid Trump Policy Uncertainty

Jerome H. Powell says the Fed is focused on separating “signal from the noise,” as the president whipsaws on tariffs.
The New York Times - 4d
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 - 1d
Powell says Fed is awaiting 'greater clarity' on Trump policies before making next move on rates

Powell reiterated statements he and his colleagues have made recently counseling patience on monetary policy.
CNBC - 4d
'Tariffs break trust': How Trump's trade policy is putting pressure on U.S. farmers

American farmers could ultimately feel even more pain as a result of President Donald Trump's tariffs on Canada, Mexico and China.
CNBC - 1h
Trump’s ‘chaotic’ policy approach is creating opportunity for investors

There could be “quite a shift in the world order,” says Mike Cudzil, a portfolio manager at Pimco.
MarketWatch - 4d
Energy Secretary Chris Wright vows to reverse Biden climate policies, says renewables can't replace natural gas

"The Trump administration will end the Biden administration's irrational, quasi-religious policies," Wright said at the CERAWeek by S&P Global energy conference.
CNBC - 1d
Trump made clear ‘Elon Musk is your partner’ in Cabinet meeting, says Commerce secretary

In an exclusive interview with Meet the Press, Commerce Sec. Howard Lutnick says that President Trump made clear to his Cabinet that Elon Musk is “a partner” in deciding who and what will be cut ...
NBC News - 3d
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 - 2d
Harvard freezes hiring amid financial 'uncertainties' driven by Trump policies

Harvard University says it is freezing hiring for faculty and staff amid financial “uncertainties” driven by the Trump administration. “Universities throughout the nation face substantial financial ...
The Hill - 1d
Trump’s Tactics Lead Americans to Question Role on World Stage

Among supporters and detractors alike, his transactional approach to foreign policy has upended old notions about the United States as a global leader.
The New York Times - 2d
Stocks slide as Trump warns of US economy 'transition'

Investors are nervous about the possibility of a US recession, say experts.
BBC News - 1d
Ice arrests Palestinian activist who helped lead Columbia protests, lawyer says

Mahmoud Khalil’s arrest comes as Trump vows to deport foreign students involved in protests against Israel’s war. A prominent Palestinian activist who helped lead Columbia University’s student ...
The Guardian - 2d
Is it worth it to get a HELOC rate lock? What the experts say

A HELOC rate lock can provide predictable payments — but may only be worth it in certain cases.
CBS News - 23h
Trump says he's doubling tariffs on Canadian steel and aluminum to 50%

President Trump said that he will impose even higher tariffs on Canadian steel and aluminum imports beginning on Wednesday.
CBS News - 23h
Former Treasury Secretary Steven Mnuchin says 'people are overreacting a bit' to Trump's policies

Mnuchin, who served under Trump in the Republican's first term in office, said does not see signs of an imminent slowdown for the U.S. economy.
CNBC - 20m
Commerce Secretary Lutnick defends Trump's tariffs: "Let the dealmaker make his deals"

Market volatility continued Tuesday with major indexes closing in the red as President Trump negotiates tariffs with Canada. CBS News chief White House correspondent Nancy Cordes sat down with ...
CBS News - 14h
Trump makes new Mexico, Canada tariffs threat as UAW leader backs his policy

Shawn Fain, the president of the United Auto Workers union, is backing President Trump's tariffs strategy. This comes as President Trump says tariffs against Canada and Mexico could rise in the ...
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 - 5d
Here's what to know about Social Security's new overpayment rule

The policy could lead to hardship for some elderly Americans, Social Security advocates say. Here's what to know.
CBS News - 1d
Trump says a transition period for the economy is likely: 'You can’t really watch the stock market'

Officials have spent the past several days bracing Americans for a slowdown that they say will lead to stronger growth ahead.
CNBC - 1d
Hollywood's DEI commitments were slipping even before Trump. Now they're vanishing fast

There's been a slow retreat for years from diversity, equity and inclusion initiatives at studios and entertainment companies, experts say.
Los Angeles Times - 4d

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Commerce secretary says Trump's policies are "worth it" even if they lead to recession

President Trump backed off doubling Canadian steel and aluminum tariffs after Ontario suspended a 25% electricity surcharge on several U.S. states. Nancy Cordes talked to Commerce Secretary Howard ...
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