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

Trendingnow

1

Jensen Huang says ‘a lot’ of six-figure jobs in plumbing and construction will soon be unlocked because someone needs to build new AI centers

2

The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady

3

Millennials say they’ll refuse to care for aging boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar

1

Jensen Huang says ‘a lot’ of six-figure jobs in plumbing and construction will soon be unlocked because someone needs to build new AI centers

2

The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady

3

Millennials say they’ll refuse to care for aging boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar
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
  • TikTok icon
  • YouTube icon

Latest in Economy

t
CommentaryTariffs
Trump just invoked a 1930 tariff law no president has ever used — against Canada
By Caleb PetittAugust 2, 2026
32 minutes ago
The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady
EconomyJobs
The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady
By Jason MaAugust 1, 2026
14 hours ago
Amid fears of Iranian cyberattacks, Michigan joins Minnesota in reporting hackers targeted water systems. The FBI is now investigating
CybersecurityFBI
Amid fears of Iranian cyberattacks, Michigan joins Minnesota in reporting hackers targeted water systems. The FBI is now investigating
By Michael Casey and The Associated PressAugust 1, 2026
15 hours ago
Fed Chair Kevin Warsh talks a big game, but this market indicator will tell you if Wall Street trusts him after he caused a ‘credibility shock’
EconomyFederal Reserve
Fed Chair Kevin Warsh talks a big game, but this market indicator will tell you if Wall Street trusts him after he caused a ‘credibility shock’
By Jason MaAugust 1, 2026
17 hours ago
Exxon, Chevron warn fuel prices to endure as war knocks refining
Energyfuel
Exxon, Chevron warn fuel prices to endure as war knocks refining
By Kevin Crowley and BloombergAugust 1, 2026
22 hours ago
Bessent joins Japan to help reverse months of yen losses
EconomyCurrency
Bessent joins Japan to help reverse months of yen losses
By Shintaro Inkyo, Masahiro Hidaka and BloombergAugust 1, 2026
22 hours ago

Most Popular

Jensen Huang says ‘a lot’ of six-figure jobs in plumbing and construction will soon be unlocked because someone needs to build new AI centers
Success
Jensen Huang says ‘a lot’ of six-figure jobs in plumbing and construction will soon be unlocked because someone needs to build new AI centers
By Preston ForeAugust 1, 2026
24 hours ago
The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady
Economy
The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady
By Jason MaAugust 1, 2026
14 hours ago
Millennials say they’ll refuse to care for aging boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar
Personal Finance
Millennials say they’ll refuse to care for aging boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar
By Nick LichtenbergJuly 31, 2026
2 days ago
Jensen Huang says this is the greatest time in history to start a business—and his advice is to stop overthinking it: 'How hard can it be?’
Success
Jensen Huang says this is the greatest time in history to start a business—and his advice is to stop overthinking it: 'How hard can it be?’
By Preston ForeJuly 31, 2026
2 days ago
The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line
Retail
The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line
By Tatiana SatauaJuly 31, 2026
2 days ago
'Retiring backwards': How cold economic reality forced Gen X into something like the reverse of baby boomers' golden years
Success
'Retiring backwards': How cold economic reality forced Gen X into something like the reverse of baby boomers' golden years
By Nick LichtenbergJuly 31, 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.