Trump says he will risk a 'two month recession' as price for China trade war
DONALD Trump yesterday admitted he'd be willing to trigger a two-month recession as a price for his China trade war.
He told reporters at the White House: "It's about time - whether it's good for our country or bad for our country short term." The president assured that the US is "very far from a recession" - but called on the Federal Reserve to slash its benchmark interest rate.White House spokesman Judd Deere said later: "The president does not believe we are headed for a recession.It comes as the US economy appears to be showing vulnerabilities after more than 10 years of growth.
There are fears in the White House that a slowdown - if not a recession - could arrive just as Trump is seeking reelection.
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