Trump has doubled down on his support for tariffs, calling them the "greatest thing" America has ever done. Speaking aboard Air Force One, Trump claimed that tariffs will "make the U.S. rich again" while auto companies are opening new plants due to his policies. However, he refused to rule out a potential recession when pressed in a Fox News interview. The remarks come as the U.S. imposes steep new tariffs on Chinese, Canadian, and Mexican imports, while Beijing retaliates with fresh taxes on American agricultural goods
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NewsTranscript
01:00But are you expecting a recession this year?
01:07I hate to predict things like that.
01:10There is a period of transition because what we're doing is very big.
01:15We're bringing wealth back to America.
01:17That's a big thing.
01:19And there are always periods of it takes a little time.
01:24It takes a little time.
03:24It takes a lot of time.