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Charles Koch Says Trump Tariffs Could Trigger U.S. Recession

  • Conservative group has long opposed protectionism in trade
  • Says prosperous nations are ones not engaged in trade wars
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Billionaire industrialist Charles Koch, who leads a powerful policy and political network, said Sunday he worries President Donald Trump’s actions on trade and tariffs put the booming U.S. economy at risk of recession.

While saying it’s impossible to know for sure because the president’s trade policy remains fluid, Koch said the greater the level of trade restrictions, the greater the risk of severe economic fallout.