Does Trump have a Plan B if his tariffs plunge us into recession?

Published April 2, 2025 8:00am ET



Treasury Secretary Scott Bessent recently cautioned people that they will likely experience “a detox period” after President Donald Trump implements his wide-ranging tariffs.

What are we detoxing from, exactly? From an abundance of affordable goods and the world’s highest living standards? From consistent economic growth? From leading the world in nearly every possible innovation and quantifiable economic measurement? From being an evolving manufacturing powerhouse? From enjoying an unprecedented per capita GDP or the low unemployment rates?

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