Trump Dismisses Recession Fears, Calls Economy in 'Transition'

Former President Donald Trump has downplayed concerns about a potential U.S. recession, characterizing the current economic situation as a 'transition period' and expressing confidence that the country will experience significant long-term growth. In multiple interviews, Trump acknowledged that 'anything can happen,' but insisted the economy will ultimately be 'fantastic,' citing some optimistic Wall Street predictions. He attributed recent stock market volatility and a decline in GDP to the economic legacy of former President Biden, while defending his own tariff policies as necessary steps toward future prosperity. Despite warnings from economists that sweeping tariffs could increase inflation and risk recession, Trump maintained that any short-term hardship is acceptable for achieving long-term economic success. He also called for Federal Reserve interest rate cuts and pointed to job growth while dismissing concerns about recent slower economic data. Public discontent over Trump's economic approach persists, but he remains confident in an impending economic boom.