Commerce Secretary Howard Lutnick emphatically rejected the risks of a recession even as markets slide — and said America’s biggest trading partners could easily avoid Trumps

US President Donald Trump declined to predict whether the country could face a recession this year amid stock market concerns about his recent tariff actions on Mexico, Canada and China. In an interview with Fox News Channel’s 'Sunday Morning Futures,

President Donald Trump did not deny there could be a recession this year under his leadership, telling Fox News there would be a “period of transition” as his economic policies take effect, as the president’s rapidly shifting tariffs on goods from Mexico and Canada have rattled the stock market and led to warnings of an economic downturn.

The Trump trade policies have raised fears of trade wars that could slam economic growth and raise prices for Americans still smarting from years of high inflation

Risks to the Mexican, Canadian and American economies are piling up amid a chaotic implementation of U.S. tariffs that has created deep uncertainties for businesses and decision-makers, according to Reuters polls of economists taken this week.

Commerce Secretary Howard Lutnick said on Sunday that the U.S. is headed for economic growth, not a recession.