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

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

Charles Koch Says Trump Tariffs Could Trigger U.S. RecessionBillionaire 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. Trump has already imposed tariffs on steel and aluminum imports in the name of national security, as well as duties on certain Chinese products in response to allegations of intellectual property theft.

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