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President Trump is considering reversing some of the scheduled tariffs on Chinese goods in an attempt to stave off a feared recession, according to Business Insider.

President Trump already pushed back some of the tariffs from beginning in September to now start in December. Trump administration officials are considering a payroll tax cut if the economic situation should start to decline. Trump has accused the media of exaggerating the prospects of a recession in order to hurt his chances of reelection. However, the Trump administration is taking the economic outlook seriously as they continue to plan and prepare to stave off a coming recession.

Officials were reluctant to admit or take steps to prepare for a recession for fear that their actions would weaken confidence in the US economy and accelerate a downturn.

Officials have not specified which tariffs were being considered for removal in hopes to promote continued economic growth.

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