Lutnick indicated the tariffs that go into effect on April 2 will continue until Trump is “comfortable” with how both countries are handling the flow of fentanyl, comments tha

U.S. inflation risks have worsened, while recession risks are also mounting for Mexico, Canada and the U.S., the surveys found.

Explore how tariffs on Canada, Mexico, and China impact U.S. consumers, businesses, and markets, risking economic growth and sparking recession fears.

Commerce Secretary Howard Lutnick emphatically rejected the risks of a recession even as markets slide — and said America’s biggest trading partners could easily avoid Trump’s twice-delayed tariffs. Lutnick,

Asked by Fox News host Maria Bartiromo on Sunday whether his economic policies – the imposition of high tariffs on imports from Canada, Mexico and China and a chainsaw-wielding Elon Musk firing government employees at random – might lead to a recession, Trump deflected, saying, “I hate to predict things like that.”

President Trump said that Americans would be better off in the long run from his tariffs, which he said would prevent the country from being “ripped off.”

Trump's on-again, off-again tariff threats against Canada, Mexico, China and others have left the US financial markets in turmoil and consumers unsure what the year might bring

President Trump addressed economic uncertainty on Fox News, admitting the US is in a "period of transition."