Golden Finance reported that U.S. President Trump refused to rule out the possibility that the U.S. economy will shrink and enter a recession this year, saying his comprehensive economic agenda could cause short-term turmoil, but he believes it will drive future prosperity. In an interview with Fox News' Sunday Morning Futures, Trump was asked if he expected a recession this year, and he replied: "I hate to predict something like this. There is a transition period because we are doing very big things. We are bringing wealth back to the United States, which is a big deal." U.S. Treasury Secretary Becent also said last week that the U.S. economy may experience a difficult period during this economic transformation. Commerce Secretary Lutnik ruled out the possibility of a shrinking economy in his televised speech last Sunday. "There will not be a recession in the United States. The U.S. economy has never fallen into a recession since the pandemic began in 2020," he said on NBC News' Meet the Press program.