Trump, during an interview with NBC’s “Meet The Press” that will air in full on Sunday, first dismissed concerns about the nation entering a recession.

President Donald Trump on Friday downplayed the risk and impact of a possible recession as a result of the trade war he started with most of the developed world last month and said the American economy would be better than ever as a result of his trade policies.

President Donald Trump appeared to dismiss growing concerns that his economic policies could cause a recession, telling NBC News that the economy would be “OK” in the long term even if a recession happens in the near future.

U.S. President Donald Trump's administration on Friday proposed a $163 billion cut to the federal budget that would sharply reduce spending on education, housing and medical research next year, while increasing outlays for defense and border security.

The White House unveiled a budget blueprint Friday that would pump more money into defense and homeland security, while taking an ax to programs that the Trump administration has already targeted, including education,

President Trump removed Mike Waltz as National Security Adviser and nominated him to be the U.S. Ambassador to the United Nations. NBC News’ Vaughn Hillyard reports more details about Waltz’s potential replacements.