With #TrumpRecession trending on Twitter, a source close to President Trump told Axios, "I’m very worried about the latest economic data. A lot of us are concerned. Without the narrative on the economy, he can't win."
The big picture: A senior administration official said the administration was getting a lot of blowback from retailers who were worried about the China tariffs coming in September. The delay until Dec. 15, announced this week, was to stave off these concerns, the source said.