Donald Trump

Trump: Apple's Tim Cook made a good case that trade war helps Samsung

President Donald Trump speaks alongside Apple CEO Tim Cook (L) during the first meeting of the American Workforce Policy Advisory Board
Apple CEO Tim Cook and President Trump at the White House in March. Photo: Saul Loeb/AFP/Getty Images

President Trump said Sunday Apple CEO Tim Cook made a "very compelling argument" during a meeting with him on how paying tariffs would make it difficult for the tech giant to compete with the likes of Samsung.

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

President Donald Trump speaks to the press before boarding Air Force One in Morristown, New Jersey, on August 18
President Trump speaks to journalists in Morristown, New Jersey, on Sunday. Photo: Nicholas Kamm/AFP/Getty Images

President Trump joined his top White House economic advisers in downplaying concerns that the United States is heading for a recession, despite mounting warnings.

Why it matters: Per Axios' Zachary Basu, the stock market saw a huge sell-off last week after the yield curve inversion, a warning sign that's predated every recession for the past 50 years.