• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

3

Current price of oil as of June 23, 2026

1

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

3

Current price of oil as of June 23, 2026
EconomyDonald Trump

Trump pushes back on recession warnings: ‘the good parts are the Trump economy and the bad parts are the Biden economy’

By
Aamer Madhani
Aamer Madhani
and
The Associated Press
The Associated Press
Down Arrow Button Icon
By
Aamer Madhani
Aamer Madhani
and
The Associated Press
The Associated Press
Down Arrow Button Icon
May 4, 2025, 10:16 AM ET
President Donald Trump in the Oval Office of the White House on April 18.
President Donald Trump in the Oval Office of the White House on April 18.Alex Brandon—AP Photo
Add Fortune on Google for similar content.

President Donald Trump is circumspect about his duties to uphold due process rights laid out in the Constitution, saying in a new interview that he does not know whether U.S. citizens and noncitizens alike deserve that guarantee.

Recommended Video

He also said he does not think military force will be needed to make Canada the “51st state” and played down the possibility he would look to run for a third term in the White House.

The comments in a wide-ranging, and at moments combative, interview with NBC’s “Meet the Press” came as the Republican president’s efforts to quickly enact his agenda face sharper headwinds with Americans just as his second administration crossed the 100-day mark, according to a recent poll by The Associated Press-NORC Center for Public Affairs Research.

Trump, however, made clear that he is not backing away from a to-do list that he insists the American electorate broadly supported when they elected him in November.

Here are some of the highlights from the interview with NBC’s Kristen Welker that was taped Friday at his Mar-a-Lago property in Florida and aired Sunday.

Trump doesn’t commit to due process

Critics on the left have tried to make the case that Trump is chipping away at due process in the United States. Most notably, they cite the case of Kilmar Abrego Garcia, a Salvadoran man who was living in Maryland when he was mistakenly deported to El Salvador and imprisoned without communication.

Trump says Abrego Garcia is part of a violent transnational gang. The Republican president has sought to turn deportation into a test case for his campaign against illegal immigration despite a Supreme Court order saying the administration must work to return Abrego Garcia to the U.S.

Asked in the interview whether U.S. citizens and noncitizens both deserve due process as laid out in the Fifth Amendment of the Constitution, Trump was noncommittal.

“I don’t know. I’m not, I’m not a lawyer. I don’t know,” Trump said when pressed by Welker.

The Fifth Amendment provides “due process of law,” meaning a person has certain rights when it comes to being prosecuted for a crime. Also, the 14th Amendment says no state can “deny to any person within its jurisdiction the equal protection of the laws.”

Trump said he has “brilliant lawyers … and they are going to obviously follow what the Supreme Court said.”

He said he was pushing to deport “some of the worst, most dangerous people on Earth,” but that courts are getting in his way.

“I was elected to get them the hell out of here, and the courts are holding me from doing it,” Trump said.

Military action against Canada is ‘highly unlikely’

The president has repeatedly threatened that he intends to make Canada the “51st state.”

Before his White House meeting on Tuesday with newly elected Canadian Prime Minister Mark Carney, Trump is not backing away from the rhetoric that has angered Canadians.

Trump, however, told NBC that it was “highly unlikely” that the U.S. would need to use military force to make Canada the 51st state.

He offered less certainty about whether his repeated calls for the U.S. to take over Greenland from NATO-ally Denmark can be achieved without military action.

“Something could happen with Greenland,” Trump said. “I’ll be honest, we need that for national and international security. … I don’t see it with Canada. I just don’t see it, I have to be honest with you.”

President bristles at recession forecasts

Trump said the U.S. economy is in a “transition period” but he expects it to do “fantastically” despite the economic turmoil sparked by his tariffs.

He offered sharp pushback when Welker noted that some Wall Street analysts now say the chances of a recession are increasing.

“Well, you know, you say, some people on Wall Street say,” Trump said. “Well, I tell you something else. Some people on Wall Street say that we’re going to have the greatest economy in history.”

He also deflected blame for the 0.3% decline in the U.S. economy in the first quarter. He said he was not responsible for it.

“I think the good parts are the Trump economy and the bad parts are the Biden economy because he’s done a terrible job,” referring to his Democratic predecessor, Joe Biden.

Trump doubled down on his recent comments at a Cabinet meeting that children might have to have two dolls instead of 30, denying that is an acknowledgment his tariffs will lead to supply shortages.

“I’m just saying they don’t need to have 30 dolls. They can have three. They don’t need to have 250 pencils. They can have five.”

Trump plays down third-term talk

The president has repeatedly suggested he could seek a third term in the White House even though the 22nd Amendment of the Constitution says that “No person shall be elected to the office of the President more than twice.”

Trump told NBC there is considerable support for him to run for a third term.

“But this is not something I’m looking to do,” Trump said. “I’m looking to have four great years and turn it over to somebody, ideally a great Republican, a great Republican to carry it forward.”

Trump’s previous comments about a third term sometimes seem more about provoking outrage on the political left. The Trump Organization is even selling red caps with the words “Trump 2028.”

But at moments, he has suggested he was seriously looking into a third term. In a late March phone interview with NBC, Trump said, “I’m not joking. There are methods which you could do it.”

So JD Vance in 2028? Marco Rubio? Not so fast.

Trump said in the interview that Vice President JD Vance is doing a “fantastic job” and is “brilliant.” Secretary of State Marco Rubio, whom Trump last week tasked to simultaneously serve as acting national security adviser, is “great,” the president said.

But Trump said it is “far too early” to begin talking about his potential successor.

He is confident that his “Make America Great Again” movement will flourish beyond his time in the White House.

“You look at Marco, you look at JD Vance, who’s fantastic,” Trump said. “You look at — I could name 10, 15, 20 people right now just sitting here. No, I think we have a tremendous party. And you know what I can’t name? I can’t name one Democrat.”

Subscribe to Fortune Gulf Brief. Every Tuesday, this new newsletter delivers clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the world’s most consequential regions, written for the people who need to act on it. Sign up here.
About the Authors
By Aamer Madhani
See full bioRight Arrow Button Icon
By The Associated Press
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Economy

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Economy

Trump, Rubio, and Hegseth sit next to each other at a dark wooden table.
EconomyIran
The Pentagon said Iran War costs $29 billion,but the real cost is closer to $200 billion—and counting
By Jacqueline MunisJune 24, 2026
3 hours ago
MSCI delays Indonesia’s market status review until November
AsiaIndonesia
MSCI delays Indonesia’s market status review until November
By Prima Wirayani, Bernadette Toh and BloombergJune 23, 2026
8 hours ago
Alan Greenspan testifying before the Senate Banking Committee.
BankingFederal Reserve
The man who invented the Fed’s magic trick just died. His successor is about to try it again
By Eva RoytburgJune 23, 2026
16 hours ago
Woman hides from the sun in front of Big Ben in London
EconomyEurope
‘London isn’t just calling—it’s cooking.’ Europe’s largest economies face over $600 billion in heat-driven losses by 2030
By Tristan BoveJune 23, 2026
17 hours ago
Young woman shopper in store
SuccessPersonal Finance
As 93% of Americans lean on coupons to get by, Bed Bath & Beyond is splashing out $100K on a home renovation for their thriftiest shopper
By Emma BurleighJune 23, 2026
19 hours ago
ks
PoliticsUnited Kingdom
10 years of Brexit means 7 Prime Ministers and a broken British politics
By Jill Lawless and The Associated PressJune 23, 2026
19 hours ago

Most Popular

After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
Success
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
By Orianna Rosa RoyleJune 23, 2026
22 hours ago
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
Banking
Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock
By Jim EdwardsJune 23, 2026
1 day ago
Current price of oil as of June 23, 2026
Personal Finance
Current price of oil as of June 23, 2026
By Joseph HostetlerJune 23, 2026
22 hours ago
Meet the 2 men putting New York's $300 billion pension fund in play for the first time in 20 years
Investing
Meet the 2 men putting New York's $300 billion pension fund in play for the first time in 20 years
By Nick LichtenbergJune 22, 2026
2 days ago
Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
Success
Former U.S. Secret Service agent says bringing your authentic self to work stifles teamwork: 'You don’t get high performers, you get sloppiness'
By Sydney LakeJune 21, 2026
3 days ago
Texas and Charlotte used to build huge McMansions—now they're copying the California design tricks they once mocked
Real Estate
Texas and Charlotte used to build huge McMansions—now they're copying the California design tricks they once mocked
By Sydney LakeJune 22, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.