Trump says US in 'transition period,' downplays impact of short-term recession

ReutersMay 2, 2025 11:14 PM

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WASHINGTON, May 2 (Reuters) - President Donald said on Friday the U.S. was in a "transition period" and was going to do "fantastically" while downplaying the impact that any short-term recession may have.

When asked during an interview with NBC News whether it would be OK to have a recession in the short term, Trump said: "Look, yeah, it's — everything's OK. What we are — I said, this is a transition period. I think we're going to do fantastically."

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