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Photo: Cheriss May/NurPhoto via Getty Images

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.

  • When Commerce Secretary Wilbur Ross said on CNBC it was to help consumers for Christmas, he let the cat out of the bag: Tariffs hurt consumers.
  • If Trump were correct that China pays the entirety of his tariffs, as he has repeatedly claimed, why would the commerce secretary say the decision to delay tariffs was made to protect U.S. consumers for holiday shopping?

The backdrop to all of this is that Trump knows he needs a strong economic run into November 2020.

  • His team is worried about polling data from Michigan, Pennsylvania and Wisconsin, amid the economic signals.
  • That's why Trump is getting even more agitated about the Federal Reserve. As one former senior White House official put it: "He’s running out of tools" to juice the economy.
  • Tax reform is in the rear view mirror. Infrastructure isn’t happening. What else has he got besides a possible China trade deal?

The bottom line: A former senior White House official told me, "Continued economic expansion is not a given. Most of the benefits from Trump’s tax cuts and regulatory relief have already taken effect."

  • "Rather than attack the global system that has produced so much prosperity for America, Trump would do well to harness its potential for economic growth."
  • "The consequences of further isolating ourselves from the world may turn out to be quite severe."

Go deeper: The synchronized global slump

Go deeper

Teachers across the U.S. protest laws restricting racism lessons

Thousands of teachers and other educators held protests across the U.S. Saturday against the actions of "at least 15 Republican-led states" that aim to restrict teaching about racism in class, the Washington Post reports.

Driving the news: There were demonstrations in at least 22 cities for the "Day of Action" to raise awareness about moves to limit students' exposure to critical race theory, which links racial discrimination to the nation's foundations and legal system, per Axios' Russell Contreras.

Updated 5 hours ago - Health

Lawsuit challenging Houston Methodist's COVID vaccine mandate dismissed

Houston Methodist Hospital in Houston, Texas. Photo: Brandon Bell/Getty Images

A federal judge on Saturday dismissed a lawsuit brought by 117 Houston Methodist staff over the hospital's policy requiring all employees to be vaccinated against COVID-19.

Why it matters: This is the first federal court ruling on a coronavirus vaccine mandate. Attorney Jared Woodfill, representing the plaintiffs, told KHOU 11 it's "the first battle in a long fight," as he vowed to file another lawsuit soon.

G7 leaders to announce plan to phase out gasoline cars

British Prime Minister Boris Johnson talks next to President Joe Biden and French President Emmanuel Macron at the G7 summit in Carbis Bay, Cornwall, England, on Saturday. Photo: Leon Neal/Getty Images

G7 leaders are set to announce Sunday a range of measures to tackle climate change, including "ending almost all direct government support" for fossil fuels and phasing out gasoline and diesel cars.

Driving the news: The plan was outlined in a British government announcement Saturday, which states that the leaders will also agree to halting "all unabated coal as soon as possible."