President Trump brushes off recession fears

President Trump continues to downplay fears of an economic recession, disputing concerns from U.S. economists. At the White House Tuesday, the president said he would not call the recent bond market volatility signs of a recession even though the media loves saying the word.

Experts: China will stand its ground against tariff pressure from U.S.

Economic experts in China say they are confident Beijing will be able to withstand the new wave of upcoming U.S. tariffs. During a symposium on the trade war in Beijing Friday, the executive vice-president of China institute of international studies” said the country has a robust trade relationship with many partner nations. He added those relationships help keep China’s economy afloat despite the ongoing trade conflict with the U.S.