What's causing the downturn in the economy?

A lot of badly run companies are trying to blame tariffs,” Trump said. “In other words, they’re running badly and they’re having a bad quarter or they’re just unlucky in some way. They’re trying to blame the tariffs. It’s not the tariffs. It’s called bad management.”

The president’s search for economic villains comes amid signs of a slowdown, exacerbated by uncertainty from his showdown with China over the future of the relationship between the two largest economies in the world.