A leading business expert from Fox News has acknowledged that Donald Trump’s tariffs could potentially lead to a recession, just hours after offering a more optimistic perspective before Monday’s market opening.
During America’s Newsroom, Maria Bartiromo emphasized the looming economic crisis on air. In a discussion with host Dana Perino about the impact of Donald Trump’s tariffs on everyday Americans, Bartiromo, a Trump loyalist and host of Sunday Morning Futures With Maria Bartiromo, replied:
“It will have an effect,” she said, just a few hours after stating on the set of her Fox Business show Mornings With Maria that she “would not be surprised if this market reverses course entirely by the close.”
It comes after Trump had a bizarre brain collapse in Biden-esque moment’ while speaking for almost an hour last Wednesday, sparking health fears after yet another strange moment.
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“Some things will become higher priced.”
“We’ll see some products actually be raising the price because companies will pass on the cost of tariffs to consumers,” she continued, speaking to Perino and fellow business reporter Sandra Smith.
“I would expect it,” she added of prospective price hikes. “That’s why you have some people saying we could see a recession. We’ll see a growth slowdown.”
She then referenced Nancy Lazar, the Chief Global Economist at Piper Sandler, who had predicted a recession.
“Sandler says, ‘If the tariffs stay in place for at least the next six months, even if only 50 percent of the price shocks where we see products go higher in price show through the economy, US real GDP is on track to decline about one percent in the second quarter and third quarter with unemployment rising,'” Bartiromo read.
“But look,’ Bartiromo added, noting how the president previously stated we would see a disruption.” We’re in the disruption right now,” she said.
