Commerce Secretary Howard Lutnick predicted Sunday on NBC’s “Meet the Press” that the United States economy would not experience a recession.
Host Kristen Welker said, “Consumer sentiment is dropping, inflation has ticked up. Major banks like JP Morgan and Goldman Sachs now say a recession in the next 12 months is becoming more likely. Should Americans brace for a recession?”
Lutnick said, “Absolutely not. Anybody who bets against Donald Trump, it’s like the same people who thought Donald Trump wasn’t a winner a year ago. Donald Trump is a winner. He’s going to win for the American people. That’s just the way it’s going to be.”
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He added, “There’s going to be no recession in America. What there’s going to be is global tariffs are
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