Trump Acknowledges Possible Recession but Remains Optimistic About U.S. Economy._ISHEJA

President Donald Trump has acknowledged that the United States may soon experience a recession, but he remains confident in the nation's long-term economic prospects.

When asked about the possibility of an economic downturn, Trump responded, "Anything can happen, but I believe we’re going to have the strongest economy in our nation’s history." He described the current situation as a “transition period” and expressed little concern about the immediate future, stating, “I think we’re going to do fantastically.”

Meanwhile, former U.S. Treasury Secretary Janet Yellen has voiced concerns about the direction of the economy, linking a potential recession to Trump's trade policies. In an interview with the Financial Times, Yellen warned that the U.S.’s reliance on essential minerals from China makes it vulnerable to tariffs, which could severely impact several industries.

On April 2, Trump announced a sweeping round of tariffs affecting imports from 185 countries and territories. The tariffs on Chinese goods surged to 145%, prompting China to retaliate by raising tariffs on American products to 125%, effective April 12.

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