‘uh, Yeah’: Trump Says It’s ‘ok’ If He Causes A Recession

President Donald Trump acknowledged that his trade policies could lead to a recession, but said ultimately, “We’re gonna do fantastically.”

Trump sat down with Meet the Press host Kristen Welker for an interview that will air on Sunday’s program. MSNBC teased the conversation with a brief clip on Friday:

WELKER: Some people on Wall Street have expressed concerns that the possibility of a recession is increasing. And I wanna know what you think about that. Are you comfortable with the country potentially dipping into a recession for a period of time if you are able to achieve your long-term goals?

TRUMP: Well, you know, you say some people on Wall Street say. Well, I tell you something else. Some people on Wall Street say that we’re gonna have the greatest economy in history. Why don’t you talk about them? Because some people on Wall Street say this–

WELKER: Well, that’s what I’m getting at. That’s what I’m getting at, though. It’s the same question.

TRUMP: There are many people on Wall Street say this is gonna be the greatest windfall ever happened.

WELKER: And that’s my question. The long term. Is it ok in the short term to have a recession?

TRUMP: Remember this. Look, uh, yeah. It’s– everything’s ok. What we are, I said this is a transition period. I think we’re gonna do fantastically.

Trump sent markets reeling last month when he announced sweeping tariffs on almost all imports. The president has maintained that increasing the cost of foreign-made goods will make American products more competitive, though many businesses are hesitant to make any big investments until there’s clarity on the tariff front.

The U.S. economy shrank by 0.3% last month after economists expected it to grow by 0.4%.

Watch above via NBC News/MSNBC.