Chris Coons, a Democratic senator from Delaware, has warned that the United States is heading toward a recession because of President Donald Trump’s “on-again, off-again” tariffs. According to Coons,

President Donald Trump said tariffs on some goods from Canada and Mexico planned for April 2 “could go up,” and would not predict whether the United States will have a recession in 2025.

President Donald Trump in recent days has dismissed fears of a recession and brushed aside the stock market sell-off.

Stock markets are plunging, consumers and businesses have started to sour on the economy, and economists are marking down their estimates for growth this year, with some even seeing rising odds of a recession.

The U.S. stiock market has dropped considerably over the last week amid concerns over the impacts of President Donald Trump's proposed tariffs.

U.S. stocks teetered in early trading on Wednesday, posting shaky performance amid an escalating global trade war and concerns about a possible recession. After some initial modest gains, the Dow Jones Industrial Average fell 330 points,