In an interview with Shannon Bream on Fox News, Michael Pillsbury discusses warnings from experts who say if the President keeps up the pressure in his trade war with China, that the country could be in a recession in three quarters.

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President Donald Trump shakes hands with President of the European Commission Ursula von der Leyen as he announces a trade deal with the EU at Trump Turnberry golf club on July 27, 2025, in Turnberry, Scotland. (Andrew Harnik via Getty Images)