Trump on Tuesday spoke of the US entering recession for two months. Economists broadly agree that a downturn must last six months to be a 'recession.'
US President Donald Trump appeared on Tuesday to misunderstand the definition of a recession, suggesting that the US economy could fall into one for"two months." "I am doing this, whether it's good or bad. Your statement about, 'Oh, will we fall into a recession for two months?' OK? The fact is somebody had to take China on," he said when asked whether the trade war with China is harming the US.
US President Donald Trump appeared on Tuesday to misunderstand the definition of a recession, suggesting that the US economy could fall into one for"two months." "I am doing this, whether it's good or bad. Your statement about, 'Oh, will we fall into a recession for two months?' OK? The fact is somebody had to take China on," he said when asked whether the trade war with China is harming the US.
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