President Donald Trump delivers remarks in the Oval Office of the White House in Washington, Friday, March 7, 2025. “I have an increasing fear we will enter into what may become known as the ‘Trump recession,’” he said. The White House maintains that Friday’s jobs report showed the administration’s strategy is working because manufacturers added 10,000 jobs. South Korea, India and Brazil could also face new tariffs, Trump said in his address to a joint session of Congress on Tuesday. Asked Friday in the Oval Office if the government layoffs could hurt the overall labor market, Trump said the economy would be great.

Source: Huffington Post March 08, 2025 20:00 UTC