Trump Downplays Recession Fears Amid Economic Concerns
President Trump assures the economy will be fine despite short-term recession fears, as new job growth figures and trade policy impact economic sentiment.

White House Hails Jobs Report as Markets Rebound

Daily Signal




Waiting for a shoe to drop in the US jobs market

Associated Press
Summary
In April, the US labor market added 177,000 jobs, exceeding expectations despite fears surrounding Trump's trade wars. The unemployment rate held at 4.2%. Amid these figures, President Trump stated the U.S. economy would be 'OK' long-term, even contemplating a short-term recession. Wall Street analysts express heightened concerns about an economic downturn due to Trump's tariff policies. The recent GDP report showed a 0.3% contraction in Q1 2025, driven by declining exports and increasing imports. Economists caution that while job growth seems strong, potential impacts from trade wars could adversely affect consumer confidence and future job expansion.
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