Quotes
The full-court press by the president and his surrogates this weekend signals they are under a great deal of pressure from people they listen to — the stock market, Republican lawmakers, and business leaders,
said Kate Kalutkiewicz, the senior managing director at McLarty Associates, an advisory firm
Since President Trump was elected, industry leaders have responded to President Trump’s America First economic agenda of tariffs, deregulation, and the unleashing of American energy with trillions in investment commitments that will create thousands of new jobs,
Kush Desai, a White House spokesman, said in a statementThe chaos they create every single day is basically an anchor tied to the American economy, and it’s going to drag more and more of our workers under water the longer this goes on,
he said in an interview
We will begin a new era of soaring incomes,
Mr. Trump said at a rally in OctoberLook, our country has been ripped off for many decades, for many, many decades, and we’re not going to be ripped off anymore,
Mr. Trump said on Fox NewsFirst, let’s get the economy booming again and then let’s talk about tariffs,
he saidDetermining whether Donald Trump is causing a recession involves examining several aspects of his economic policies,
the bot said
The potential for a recession is still a topic of debate among experts,
it concludedOn the other hand, ... there are arguments that while Trump's policies might lead to immediate economic challenges, they may not necessarily cause a full recession."
it continued
That is a way better security guarantee than 20,000 troops from some random country that hasn’t fought a war in 30 or 40 years.”
Pressing the case for a mineral deal with the US as the best guarantor, Vance told Fox News
I don't think we will talk about a U.S. recession. The U.S economy is resilient, I would say, largely despite Donald Trump,
Holger Schmieding, chief economist at Berenberg Bank, told CNBC's "Squawk Box Europe" on Monday
U.S. consumers have money to spend, [and] they probably will. The labor market in the U.S. remains reasonably firm, and with energy prices coming down a bit and probably some tax cuts and deregulation coming, I don't think there's an imminent recession risk,
Nonetheless ... according to Schmieding
Despite elevated levels of uncertainty, the US economy continues to be in a good place,
Powell said at an event hosted by the University of Chicago on Friday
Federal government job losses could be larger than expected, and laid-off workers could pull back on their spending, leading to slower job growth in other industries,
said Gus Faucher, chief economist at PNC, in a note to investors FridayForeign goods may get a little more expensive. But American goods are going to get cheaper".
Speaking on NBC on Sunday, Lutnick said
It takes a little time, but I think it should be great for us,
Trump addedI hate to predict things like that. There is a period of transition, because what we’re doing is very big. We’re bringing wealth back to America. That’s a big thing,
Trump said during an interview with Sunday Morning Futures
Donald Trump is a winner. He’s going to win for the American people. That’s just the way it’s going to be,
Lutnick said during an interview with Meet the PressI hate to predict things like that,
he told the interviewer when asked if a recession was coming in 2025
So, if Donald Trump is bringing growth to America, I would never bet on recession, no chance,
the commerce secretary added