US Commerce Secretary: Even if Tariff Policy Triggers Recession, It's 'Worth It'

BlockBeats News, March 12th. On Tuesday, local time, US Secretary of Commerce Rettig stated that President Trump's economic policies are the most significant initiative in US history.

During an interview with CBS News, the reporter asked a question: If the tariff policy leads to an economic recession, even if it is only a short-term recession, would they still hold value? Rettig gave an affirmative answer: "Yes, I believe that the tariff policy is worthwhile, even if it will cause an economic recession. But the only reason why the US economy might fall into a recession is because of the Biden administration's absurd policies."

This contrasts with his statement last Sunday. In an interview with NBC News last Sunday, Rettig said that the US will never experience an economic recession. (Financialnews)