{"id":2412605,"date":"2025-03-11T19:05:01","date_gmt":"2025-03-11T23:05:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-says-he-doesnt-see-a-recession-at-all-after-stock-market-rattle-washington-examiner\/"},"modified":"2025-03-11T19:08:32","modified_gmt":"2025-03-11T23:08:32","slug":"trump-says-he-doesnt-see-a-recession-at-all-after-stock-market-rattle-washington-examiner","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-says-he-doesnt-see-a-recession-at-all-after-stock-market-rattle-washington-examiner\/","title":{"rendered":"Trump says he doesn\u2019t see a recession \u2018at all\u2019 after stock market rattle &#8211; Washington Examiner"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">32<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftrump-says-he-doesnt-see-a-recession-at-all-after-stock-market-rattle-washington-examiner%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2412605&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>In a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/top-republican-says-bidens-border-policies-put-us-in-danger-of-hamas-like-terrorist-attacks\/\" title=\"GOP Leader Warns Biden&#039;s Border Policies Risk Hamas-style Terrorist Attacks on US.\">recent press \u2062conference<\/a> at teh White House, President \u2063Donald Trump expressed his confidence in the U.S. \u2062economy, \u2063asserting that he does not see a recession looming. despite recent turmoil in the stock market,\u200b with significant declines in major indices, Trump claimed that the\u200b country is \u200don the\u200d verge of economic prosperity, stating, &#8220;I think this country\u2019s going to boom.&#8221; He suggested that market fluctuations are normal and \u2064emphasized the importance of rebuilding the economy.<\/p>\n<p>The president&#8217;s comments came in the\u2062 wake of a \u2062turbulent period marked by confusion surrounding his tariff\u2064 policies, especially related to Canada. \u2062After announcing an increase in steel and aluminum tariffs, Trump refrained from imposing an additional hefty tariff on Canadian electricity exports after discussions with Ontario Premier Doug Ford.<\/p>\n<p>During the\u2064 press\u200d briefing, White House officials indicated a shift in U.S.-Canadian relations, characterizing Canada more as\u200b a competitor than an ally, and\u2064 attributing current stock market struggles to the previous governance.\u2064 Trump&#8217;s \u2064<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/bidens-budget-proposal-references-equity-62-times-fentanyl-only-twice\/\" title=\"Biden&#039;s budget proposal references &#039;equity&#039; 62 times, fentanyl only twice\">administration remains steadfast<\/a> \u200din its commitment to \u2062a robust economic\u200c agenda, \u200bclaiming it will\u2062 lead to renewed prosperity for American \u2062workers and businesses.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Trump says he doesn&rsquo;t see a recession &lsquo;at all&rsquo; after stock market rattle<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2036003\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>President&nbsp;<a target=\"_blank\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/donald-trump\/\" rel=\"noreferrer noopener\">Donald Trump<\/a>&nbsp;downplayed the prospect of a&nbsp;<a target=\"_blank\" href=\"https:\/\/www.washingtonexaminer.com\/tag\/recession\/\" rel=\"noreferrer noopener\">recession<\/a>&nbsp;days after previously dodging the topic during an interview that added to uncertainty circling Wall Street.<\/p>\n<p>&ldquo;I don&rsquo;t see it at all,&rdquo; Trump told reporters on Tuesday at the <a href=\"https:\/\/www.washingtonexaminer.com\/section\/news\/white-house\/\" target=\"_blank\" rel=\"noopener\" title=\"\">White House<\/a>. &ldquo;I think this country&rsquo;s going to boom, but, as I said, I can do it the easy way or the hard way.&rdquo;<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3344277\/mass-layoffs-expected-department-of-education\/\">Mass layoffs ordered at Department of Education<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3344005\/trump-protect-entitlements-social-security-medicaid-medicare-despite-elon-musk-elimination-talk\/\">Trump will &#8216;protect&#8217; entitlements despite Musk&#8217;s elimination talk: White House<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/white-house\/3343927\/trump-easing-tensions-canada-latest-tariff-blowup\/\">Trump signals easing of tensions with Canada after latest tariff blowup<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>During a photo opportunity with <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/elon-musk\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Elon Musk <\/a>and a fleet of <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/tesla\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Tesla<\/a> vehicles on the South Lawn, Trump said that the &ldquo;hard way to do it is exactly what [he is] doing&rdquo; before promising that &ldquo;the results are going to be 20 times greater.&rdquo;<\/p>\n<p>&ldquo;Markets are going to go up and they&rsquo;re going to go down. But you know what? We have to rebuild our country,&rdquo; he added. &ldquo;Nope, doesn&rsquo;t concern me. I think some people are going to make great deals by buying stocks and bonds and all the things they&rsquo;re buying. I think we&rsquo;re going to have an economy that&rsquo;s a real economy, not a fake economy.&rdquo;<\/p>\n<p>Only last week, Trump told the country during his joint address to <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/congress\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Congress<\/a> that there would likely be short-term <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/economy\/\" target=\"_blank\" rel=\"noopener\" title=\"\">economic<\/a> &ldquo;disturbances&rdquo; amid his <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/tariffs\/\" target=\"_blank\" rel=\"noopener\" title=\"\">tariff<\/a> trade war. Then days later, when asked about the possibility of a recession considering the likelihood that there will be <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/democrats-see-economic-chaos-as-opportunity-for-more-government-spending-welfare-programs\/\" title=\"Democrats See Economic Chaos As Opportunity For More Government Spending, Welfare Programs\">negative economic growth<\/a> during the first three months of this year, the president told Fox Business last weekend that he &ldquo;[hates] to predict things like that.&rdquo;<\/p>\n<p>&ldquo;There is a&nbsp;period&nbsp;of&nbsp;transition because what we&rsquo;re doing is very big,&rdquo; he said. &ldquo;We&rsquo;re bringing wealth back to America. That&rsquo;s a big thing.&rdquo;<\/p>\n<p>The comments sparked turmoil in the markets. Trading closed on Tuesday with the S&amp;P 500 down 0.8% at under 5,600, the Dow Jones Industrial Average down 500 points or 1.1%, and the Nasdaq Composite down 0.2%.<\/p>\n<p>That was also after another day of confusion regarding Trump&rsquo;s tariff policy toward <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/canada\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Canada<\/a> following the president&rsquo;s announcement that he was doubling the <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/steel\/\" target=\"_blank\" rel=\"noopener\" title=\"\">steel<\/a> and aluminum tariffs poised to be imposed on the United States&rsquo;s northern neighbor on Wednesday to 50%.<\/p>\n<p>Trump&rsquo;s announcement was in response to Ontario Premier Doug Ford declaring he would introduce a 25% surcharge on <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/electricity\/\" target=\"_blank\" rel=\"noopener\" title=\"\">electricity<\/a> exported to the U.S. as the two countries trade tit-for-tat tariffs. <\/p>\n<p>In a series of Truth Social posts starting Monday night, Trump asked whether Ford was &ldquo;even allowed&rdquo; to place a surcharge on electricity exports before announcing the metals amendments and demanding new concessions, including &ldquo;immediately&rdquo; dropping &ldquo;their Anti-American Farmer Tariff of 250% to 390% on various U.S. dairy products.&rdquo;<\/p>\n<p>&ldquo;The only thing that makes sense is for Canada to become our cherished Fifty First State,&rdquo; Trump wrote. &ldquo;The artificial line of separation drawn many years ago will finally disappear, and we will have the safest and most beautiful Nation anywhere in the World &mdash; And your brilliant anthem, &ldquo;O Canada,&rdquo; will continue to play, but now representing a GREAT and POWERFUL STATE within the greatest Nation that the World has ever seen!&rdquo;<\/p>\n<p>&ldquo;Why would our Country allow another Country to supply us with electricity, even for a small area? Who made these decisions, and why?&rdquo; the president continued. &ldquo;Can you imagine Canada stooping so low as to use ELECTRICITY, that so affects the life of innocent people, as a bargaining chip and threat? They will pay a financial price for this so big that it will be read about in History Books for many years to come!&rdquo;<\/p>\n<p>White House officials did not provide any insight into Trump&rsquo;s escalation of his tariff war but reiterated to the <em>Washington Examiner<\/em> that the president&rsquo;s steel and aluminum duties would proceed as planned on Wednesday.<\/p>\n<p>Later Tuesday, after a phone call between Trump and Ford, the White House announced the president would not implement the 50% tariffs against Canada in exchange for no electricity surcharge against Michigan, Minnesota, and New York from Ontario but recommitted to the 25% steel and aluminum duties.<\/p>\n<p>Ford is also expected to meet with <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/commerce-department\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Commerce Secretary<\/a> <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/howard-lutnick\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Howard Lutnick<\/a> and <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/ustr\/\" target=\"_blank\" rel=\"noopener\" title=\"\">U.S. Trade Representative<\/a> Jamieson Greer on Thursday to discuss a &ldquo;renewed&rdquo; U.S.-Mexico-Canada agreement. <\/p>\n<p>Trump authorized the USMCA, along with his Canadian and Mexican counterparts, in 2019 to replace the North American Free Trade Alliance.<\/p>\n<p>During Tuesday&rsquo;s press briefing, White House press secretary <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/karoline-leavitt\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Karoline Leavitt<\/a> repeated Trump&rsquo;s pledge that his economic agenda will usher in a new golden age in the U.S. and, instead, apportioned responsibility for the <a href=\"https:\/\/amzn.to\/3YuVZYV\">current stock market pain<\/a> to former President <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/joe-biden\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Joe Biden<\/a>.&nbsp;<\/p>\n<p>&ldquo;We are in a period of economic transition. We are in a period of transition from the mess that was created by Joe Biden and the previous administration,&rdquo; Leavitt told reporters. &ldquo;Joe Biden left this country in an economic disaster.&rdquo;<\/p>\n<p>&ldquo;President Trump will not repeat the trend of past American presidents who broke their promises to the American public and smiled while they stuck a knife in the back of American workers and shipped their jobs overseas,&rdquo; she said.&nbsp;<\/p>\n<p>On relations with Canada itself, Leavitt took a significantly more aggressive stance, signaling that the White House now perceives the U.S.&rsquo;s northern neighbor as a &ldquo;competitor&rdquo; rather than a &ldquo;partner&rdquo; or &ldquo;ally.&rdquo;<\/p>\n<p>&ldquo;The president is responding to the fact that Canada has been ripping off the United States of America and hard-working Americans for decades,&rdquo; she said. &ldquo;It is about dang time that we have a president who looks out for the interests of American workers and businesses.&rdquo;<\/p>\n<p>Trump&rsquo;s tariffs against Canada and Mexico have been the most disruptive for all three economies. During his transition period, Trump announced that he would put 25% duties on all exports on the first day of his second administration, before delaying the levies for a month as Canada and Mexico tried to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/texas-jury-swiftly-convicts-mexican-national-charged-with-human-smuggling\/\" title=\"Mexican national swiftly convicted by Texas jury for human smuggling.\">counter illegal immigration<\/a> and drug trafficking across their shared borders to the president&rsquo;s satisfaction.<\/p>\n<p>The 25% tariffs went into effect last week before exemptions were quickly made, first, for the &ldquo;Big Three&rdquo; American automanufacturers and second for products covered by the North American trade agreement, shortened to the USMCA. The carve-outs resulted in about 50% of Mexican imports and 38% of Canadian imports being duty-exempt until April 2, though Canada has retained its retaliatory levies, including those on U.S. alcohol, such as Kentucky bourbon.<\/p>\n<p>The increase of tariffs on steel and aluminum imports into the U.S. from 10% to 25% will also include ending all existing country exemptions and expanding current duties to include more downstream products. The new tariffs similarly include a carve-out for products made from steel &ldquo;melted and poured&rdquo; and aluminum &ldquo;smelted and cast&rdquo; in the U.S. These tariffs will most directly affect Canada and Mexico, in addition to <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/japan\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Japan<\/a>,<a href=\"https:\/\/www.washingtonexaminer.com\/tag\/south-korea\/\" target=\"_blank\" rel=\"noopener\" title=\"\"> South Korea, <\/a>and <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/germany\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Germany<\/a>, as well as the domestic production of <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/cars\/\" target=\"_blank\" rel=\"noopener\" title=\"\">cars<\/a>, <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/housing\/\" target=\"_blank\" rel=\"noopener\" title=\"\">houses<\/a>, and <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/beer\/\" target=\"_blank\" rel=\"noopener\" title=\"\">beverages<\/a>.<\/p>\n<p>Wednesday&rsquo;s tariffs coincide with the release of February&rsquo;s consumer price index report, the first compiled using data entirely from Trump&rsquo;s presidency. <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/inflation\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Inflation<\/a> increased in January by 0.5% compared to December and 3% for the year ending January, higher than Dow Jones&rsquo;s prediction of 0.3% and 2.9%, respectively.<\/p>\n<p>This week&rsquo;s focus on the economy was amplified by Trump&rsquo;s appearance at the Business Roundtable on Tuesday afternoon after he hosted members of the Technology CEO Council, including the heads of Dell, <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/hp\/\" target=\"_blank\" rel=\"noopener\" title=\"\">HP<\/a>, <a href=\"https:\/\/www.washingtonexaminer.com\/tag\/intel\/\" target=\"_blank\" rel=\"noopener\" title=\"\">Intel<\/a>, IBM, and Qualcomm, at the White House on Monday. That meeting was scheduled to last for an hour, but a later executive order signing ceremony was postponed, with the president not speaking with reporters all day as stocks tumbled.<\/p>\n<\/div>\n<p> <script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_2036003\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"2036003\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump dismisses recession fears, predicts economic boom<\/p>\n","protected":false},"author":1,"featured_media":2412606,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/03\/elon-musk-donald-trump-tesla-scaled-1024x683.webp","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[9168,10069,35133,3634,32076],"class_list":["post-2412605","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-economy","tag-recession","tag-stock-market","tag-trump","tag-washington-examiner"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/03\/elon-musk-donald-trump-tesla-scaled-1024x683.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2412605","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2412605"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2412605\/revisions"}],"predecessor-version":[{"id":2412609,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2412605\/revisions\/2412609"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2412606"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2412605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2412605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2412605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}