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All rights reserved. <a href="https://help.foxbusiness.com/hc/en-us/sections/4405278462107-FAQ">FAQ</a> - <a href="/privacy-policy">New Privacy Policy</a><br>President Donald Trump sits down with Maria Bartiromo on ‘Sunday Morning Futures.’<br><a href="https://www.foxnews.com/category/person/donald-trump" target="_blank" rel="noopener">President Donald Trump</a> declined to explicitly rule out a full-blown recession for the U.S. economy this year, telling Maria Bartiromo in a recent "Sunday Morning Futures" exclusive that the country will see a "period of transition" as his policies take effect.<br>"I hate to predict things like that," he said of a recession. "There is a period of transition because what we're doing is very big. We're bringing wealth back to America. That's a big thing… it takes a little time, but I think it should be great for us."<br>The president's comments come amid some business leaders' instability concerns over tariffs imposed on China, Canada and Mexico, as well as growing concerns of a potential economic slowdown. <br><a href="https://www.foxbusiness.com/media/trump-praises-real-patriot-elon-musk-opening-lot-eyes-doge"><strong><u>TRUMP PRAISES ‘REAL PATRIOT’ ELON MUSK FOR ‘OPENING A LOT OF EYES’ WITH DOGE</u></strong></a><br>The Atlanta Federal Reserve has <a href="https://www.centralbanking.com/central-banks/economics/7972431/atlanta-feds-gdp-estimate-takes-a-nosedive#:~:text=The%20Federal%20Reserve%20Bank%20of,will%20contract%20by%20%2D2.8%25." target="_blank" rel="nofollow noopener">predicted a contraction</a> of -2.8% in the first quarter, Bartiromo pointed out.<br>President Donald Trump discusses his latest talks with Iran, shedding light on how he prefers to negotiate a deal.<br><a href="https://www.marketwatch.com/livecoverage/stock-market-today-dow-s-p-500-and-nasdaq-set-for-tentative-gains-after-the-worst-day-of-the-year/card/goldman-sachs-says-there-s-now-a-20-chance-of-a-recession-over-next-12-months-W81LsV60jIhlSdbBvRiB" target="_blank" rel="nofollow noopener">Goldman Sachs</a> raised the expectations of a recession within the next 12 months to 20%, while <a href="https://www.jpmorgan.com/insights/global-research/economy/recession-probability" target="_blank" rel="nofollow noopener">JP Morgan says</a> the probability of a recession stands at 35%.<br><a href="https://www.foxbusiness.com/media/trumps-plan-revive-us-shipbuildings-sends-critical-signal-china-amid-flaring-tensions-expert"><strong><u>TRUMP'S PLAN TO REVIVE US SHIPBUILDING SENDS ‘CRITICAL SIGNAL’ TO CHINA AMID FLARING TRADE TENSIONS: EXPERT</u></strong></a><br>FOX Business' Maria Bartiromo previews her exclusive interview with President Donald Trump and his reasoning for the most recent tariff negotiation.<br><a href="https://www.foxnews.com/politics/howard-lutnick-trump-commerce-secretary-pick-says-its-nonsense-tariffs-cause-inflation" target="_blank" rel="noopener">Commerce Secretary Howard Lutnick</a> offered a more definitive answer when asked about the possibility of a recession on Sunday, telling NBC News' "Meet the Press" he would "never bet on" one.<br>"There's going to be no recession in America… no chance," he said.<br><a href="https://www.foxbusiness.com/apps-products" target="_blank" rel="noopener"><strong><u>GET FOX BUSINESS ON THE GO BY CLICKING HERE</u></strong></a><br><br>Get a brief on the top business stories of the week, plus CEO interviews, market updates, tech and money news that matters to you.<br>We've added you to our mailing list.<br>By clicking subscribe, you agree to the Fox News <a href="https://www.foxnews.com/privacy-policy" target="_blank">Privacy Policy</a> and <a href="https://www.foxnews.com/terms-of-use" target="_blank">Terms of Use</a>, and agree to receive content and promotional communications from Fox News. 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