Trump Trade Advisor Swears There Won't Be a Recession

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White House Trade Adviser Peter Navarro claims America will not be thrown into a recession.
As the United States economy continues to be rattled by President Donald Trump's tariffs, Navarro, a member of his administration, made a Monday, April 7, appearance on Fox News' Ingraham Angle where he stayed firm on his belief that the country won't be put into financial ruin over the newly imposed duties.

Join us to read what Navarro predicted about the future of citizens' money…
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Despite the stock market being in free fall, Peter Navarro told Laura Ingraham, "It's finding a bottom now."
"But look, here's the thing, it's going to shift over and it's going to be companies in the S&P 500 who are the first to produce here," he explained. "Those are the ones going to lead to recovery and it's going to happen. Dow: 50,000, I guarantee that and I guarantee no recession."

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Peter Navarro claimed he feels good about the economy with Donald Trump's tariffs in place because he believes Congress would pass the commander-in-chief's economic plan. The agenda will reportedly get rid of taxes on tipped wages, overtime pay and extend tax cuts authorized during Trump's first term.

"Why? Because when we pass the biggest, broadest tax cut in history, within a matter of months, that's going to be a great stimulus," Navarro said. "There's not going to be any inflation. We've already had a significant drop, a huge drop in oil prices. That's like a point off the [inflation index]. We're going to have lower yields and mortgage [rates]."

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While Donald Trump continues to stay loyal to his bold economic plan, many business executives aren't confident about where the country is headed.
"Most CEOs I talk to would say we are probably in a recession right now," BlackRock CEO Larry Fink told the Economic Club of New York on Monday, April 7.

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While Wall Street may be anxiety-ridden, Donald Trump has continuously boasted about the tariffs and why he feels they will bring inflation down.
"Sometimes you have to take medicine to fix something," the Republican leader claimed in a Sunday, April 6, Truth Social post. "We have been treated so badly by other countries because we had stupid leadership that allowed this to happen. They took our business, they took our money, they took our jobs."