Trump dismisses economy concerns: I don't see a recession

The big picture: White House trade adviser Peter Navarro and the Trump administration's economic adviser Larry Kudlow took to the Sunday morning talk shows in an effort to calm recession concerns.

• Navarro also denied that tariffs on Chinese goods are hurting American consumers. That's despite reports to the contrary from researchers at leading institutions including the International Monetary Fund, Harvard, the University of Chicago and the Federal Reserve of Boston, Axios' Zachary Basu notes.

Go deeper:

• Podcast: Fears of a global recession
• The most closely watched recession indicator has turned red
• Fund managers see highest probability of recession since 2011