Washington Post

Trump admits his trade war could lead to recession, but says 'I have to do it'

FILE PHOTO: U.S. President Donald Trump and China's President Xi Jinping pose for a photo ahead of their bilateral meeting during the G20 leaders summit in Osaka, Japan, June 29, 2019. REUTERS/Kevin Lamarque/File Photo

President Donald Trump has spent days arguing that recession fears are a media construct meant to take him down. His aides have told us the ”fundamentals of our economy are very strong” and that there is no recession on the way. They even falsely denied he’s looking at quick fixes (such as a payroll tax cut) to ward off economic pain.

But on Tuesday, Trump sang a much different tune. Rather than play off the idea of a downturn, Trump leaned into it - and even suggested a short-term recession might simply be the cost of waging his much-needed trade war with China...

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