CHICAGO ¨C Billionaire Charles Koch said Sunday he worries President Donald Trump¡¯s actions on trade and tariffs put the booming U.S. economy at risk of recession.
¡°It depends on the degree¡± of the trade conflict that the U.S. pursues with countries such as China and Canada, Koch said in Colorado during a rare on-the-record meeting with reporters. ¡°If it¡¯s severe enough it could¡± end in recession.
¡°Any protectionism at any level, and certainly at the national level, is very detrimental,¡± Koch said. ¡°Every nation that¡¯s prospered is one that didn¡¯t engage in trade wars.¡±
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