U.S. Secretary of Commerce: Even if tariff policies lead to a recession, it is worth it

2025-03-12 13:43:18
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ChainCatcher news, according to the American media AXIOS, U.S. Secretary of Commerce Gina Raimondo stated on Tuesday local time that President Trump's economic policies are the most significant measures in American history.

In an interview with CBS, a reporter posed the question: If the tariff policy leads to an economic recession, even if only a short-term recession, are they still valuable? Raimondo answered affirmatively: "Yes, I believe the tariff policy is worth it, even if it triggers an economic recession. But the only reason the U.S. economy might fall into recession is because of the Biden administration's ridiculous policies." This contrasts with her statement last Sunday, where Raimondo said in an interview with NBC News that the U.S. would never experience an economic recession.

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