Welcome to the online version From a political deskThis is an evening newsletter that brings you the latest reports and analysis from the NBC News Politics team, from the White House, Capitol Hill and the campaign.
In today's version, we have the first comment on Kristen Welker's exclusive interview with President Donald Trump. Additionally, we are looking at another American ally after Canada, which has allowed Trump's upcoming elections to reshape not only American politics but global politics as well.
Sign up every business day here to receive this newsletter in your inbox.
- Scott Bland
Donald Trump downplayed the concerns about potential economic troubles on Friday, saying in the long run, everything would be "okay" even if it experienced a recession in the short term.
The president said if the short-term recession was down, the president said, "Look, yes, everything is good. What we are - I said, it's a transition period. I think we'll do a good job."
Following up, Welk asked Trump if he was worried about the recession, and he responded with "No." When asked if he thought it might happen, Trump replied: "Anything will happen, but I think we will have the largest economy in our country's history."
As Wall Street analysts are increasingly worried that the country could face a recession due to Trump's ever-changing tariff policies.
"Well, you know, you said, 'Some people on Wall Street say' - Well, I'll tell you other things. Some people on Wall Street say we'll have the greatest economy in history. Why don't you talk about them?" Trump said in his interview at the Mar-A-Lago resort in Florida.
"There are a lot of people on Wall Street saying it will be the biggest surprise ever," the president added.
According to the initial The U.S. economy shrank by 0.3% in the first quarter of 2025, driven in large part by a decline in exports, the Department of Commerce released Wednesday. Increase imports ahead of Trump's expected tariffs.
On Wednesday, Trump blamed the first-quarter gross domestic product on blame, saying it was the result of the economy left behind by former President Joe Biden.
"You may have seen some numbers today, and I have to say first, that's biden," Trump said.
Read more →
Days after the Canadian election, he was best supported by President Donald Trump, the center of elections in another liberal democracy.
In Australia, trust in the United States is declining, which voted on Saturday to impose global financial turmoil caused by Trump tariffs on global trading partners, including Australia, including U.S. allies and key security partners with China.
Just like in Canada, Australia's opposition Conservative Liberal Party won the victory before Trump returned to the office due to public outrage over the cost of living and record housing prices. But since then, it has lost support from increasingly focused on how the administration handles Trump’s voters.
A poll released last month by the Lowy Institute, a research foundation, found that only 36% of Australians expressed any trust in the U.S., the lowest in the two-year history of the annual poll.
Although 81% of Australians disapprove of Trump’s tariffs, the vast majority (80%) continue to say that the U.S. alliance is important to Australia’s security.
These figures reflect the economic and security dichotomy facing Australia: how to balance its relationship with the United States and its trade interests with China.
Learn more in the general election held in Australia on Saturday →
At the moment, it's all political desks. Today's newsletter was edited by Scott Bland and Bridget Bowman.
If you have feedback - like or dislike - please email us politicsnewsletter@nbcuni.com
If you are a fan, please share it with everyone and anyone. They can register here.