President Trump refused to rule out the possibility that his economic policies, including aggressive tariffs, could lead to a recession. In an interview with Fox News, he acknowledged a “period of transition” but insisted that his policies would ultimately benefit the economy.

President Donald Trump signaled two big things this past weekend on the tariff front. One is that he is pressing forward with his full slate of tariffs on Canada and Mexico next month, despite the economic pain that has already arrived — and despite two month-long delays.