Billionaire Charles Koch said Sunday he worries President Donald Trump's actions on trade and tariffs put the booming U.S. economy at risk of recession.
"It depends on the degree" of the trade conflict that the U.S. pursues with countries such as China and Canada, Koch said in Colorado during a rare on-the-record meeting with reporters. "If it's severe enough it could" end in recession.
"Any protectionism at any level, and certainly at the national level, is very detrimental," Koch said. "Every nation that's prospered is one that didn't engage in trade wars."