SHOT/CHASER: Trump’s Treasury Secretary Says Economy “In Pretty Good Shape”… While Trump Tanks the Stock Market Arrow

Axios: "Treasury's Bessent says economy 'in pretty good shape' despite market rout"

"Treasury Secretary Scott Bessent said on Wednesday that the economy was on steady footing, and played down the panic on display in financial markets as a result of the escalating global trade war. …

"The comments come hours after President Trump's reciprocal tariffs took effect, further unnerving investors worried that the economy might take a hit."

CHASER: … while businesses and consumers are bracing for a recession thanks to Trump's reckless agenda.

CNBC: "Jamie Dimon says a recession is 'likely outcome' from Trump's tariff turmoil"

"With the trade war between the U.S. and China intensifying, stocks and bonds sold off aggressively again in morning trade. Stock market futures slumped and bond yields spiked amid concerns over financial and economic stability brought on by the tit-for-tat exchange between the two nations. …

"Recession fears have been rising on Wall Street as the Trump tariffs spur uncertainty about how far the trade war will escalate."

CNN: "Despite rattled financial markets, threats of retaliation and some of President Donald Trump's biggest supporters encouraging him to back off his signature economic policy, he didn't give in."