By Hugh Cameron Newsweek

With the U.S. economy teetering on the edge of a downturn, and prices set to rise as a result of his trade policies, President Trump is faced with perhaps his boldest ever sales pitch: Convincing supporters that a recession, rather than a failure, is a necessary detour on the path to prosperity.

Trump’s re-entry into the White House was paved with promises of immediate recovery and boosted by the near-historically low confidence Americans held in Biden’s stewardship of the economy. Rather than tempering expectations, he pledged to put an end to inflation, bring down the cost of all goods, and “make America affordable again”—all supposedly starting “on day one” of his presidency.

But now, over 100 days into his second term, the tone has notably softened, as Trump’s overhaul of America’s trading relationships raises concerns over rising prices, increased pressure on American businesses and the potential for the worst economic downturn the country has seen since the COVID pandemic.

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