Commerce Sec. Howard Lutnick said that Americans should "absolutely not" brace for a recession as President Donald Trump plans to implement far-reaching tariffs.
“This spirit of nonpartisanship ended on February 7, 2025, with the firing of Kennedy Center President Deborah Rutter, the Chairman of the Board David Rubenstein, and numerous other Kennedy Center board members, as well as the cancellation of important programming,” Seller noted further.
Commerce Secretary Lutnick declared Sunday on NBC's "Meet The Press" that Trump's tariffs will "absolutely not" trigger a recession in the U.S. economy. "There's going to be no recession in America. What there's going to be is global tariffs are going to come down,
President Donald Trump fielded pointed questions from Fox News host Maria Bartiromo on Sunday about his administration’s stance on Ukraine amid its ongoing war with Russia. In a wide-ranging interview on “Sunday Morning Futures,
Secretary of Commerce Howard Lutnick declared that there will be no recession this year—the same morning that President Donald Trump appeared to suggest otherwise. “There’s going to be no recession in America,
President Donald Trump did not deny there could be a recession this year under his leadership, telling Fox News there would be a “period of transition” as his economic policies take effect, as the president’s rapidly shifting tariffs on goods from Mexico and Canada have rattled the stock market and led to warnings of an economic downturn.
U.S. Commerce Secretary Howard Lutnick said Sunday that tariffs on Canada and Mexico are still coming, but that President Donald Trump would determine the level of the levies.
Fox Business Maria Bartiromo pressed the president on business figures' concern about tariffs hurting the stock market and the economy more broadly.