Nia-Malika Henderson, Columnist

Will Republicans Really Let the Global Economy Crash?

The president’s ruinous tariff policy has finally sparked some criticism from his own party. But so far, it’s not enough to change his course.

April 6, 2025 at 12:00 PM UTC

By Nia-Malika Henderson

Nia-Malika Henderson is a politics and policy columnist for Bloomberg Opinion. A former senior political reporter for CNN and the Washington Post, she has covered politics and campaigns for almost two decades.

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When President Donald Trump was inaugurated, the US economy was the envy of the world, having managed an unmatched post-Covid comeback. Now, the country could be headed for a recession, pulling down the global economy and Trump’s political fortunes with it.

“Let Donald Trump run the global economy. He knows what he’s doing. He’s been talking about it for 35 years,” said Howard Lutnick, Trump’s commerce secretary during a CNN appearance on Thursday. “You got to trust Donald Trump in the White House.”