Trump declines to rule out US recession as tariffs spook investors
President Trump declined in March 2025 to rule out a U.S. recession, saying the economy faced a "period of transition" as his back-and-forth tariffs unsettled investors.

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The story so far
2 developments- Mar 9, 2025Trump dismisses concerns over back-and-forth levies, says 'tariffs could go up'
- Mar 10, 2025Trump declines to rule out US recession as tariffs spook investors
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Quiet for 568 daysLast development · Mar 10, 2025 — Trump declines to rule out US recession as tariffs spook investors
The bigger story
Left
2 viewpointsTrump admitted the US is in a 'period of transition' but didn't rule out the possibility of a recession
Center
2 viewpointsTrump Won’t Deny There Could Be A Recession—Warns Of ‘Period Of Transition’ In Economy
Trump dismisses concerns over back-and-forth levies, says 'tariffs could go up'
Right
1 viewpointTrump says US will experience 'period of transition' when asked if economy could see a recession this year
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