Donald Trumponce again acknowledged that hisfoolish trade wars will disrupt the economy, potentially causing a recession.
I hate to predict things like that.
There is a period of transition because what were doing is very big,Trump said.
Donald Trump at the White House in Washington, D.C., on March 3, 2025.Roberto Schmidt/Getty Images
But he admitted that an economic disruption is possible.
There could be a little disruption.
You cant really watch the stock market.
If you look at China, they have a 100-year perspective.
We go by quarters.
And you cant go by that.
In his first term, Trump often used the stock market as proof of his success.
Highest stock market EVER, Trumpboastedon social media in July 2017.
Trump also threatened to raise tariffs currently set at 25 percent.
Trump recently announced the implementation of tariffs would be delayed until April 2.
But that did not stop the stock market sell-off.
The tariffs could go up as time goes by, and they may go up, Trump said.
This country has been ripped off from every nation in the world, every company in the world.