Trump White House may spark recession: Meg Whitman

Hewlett Packard Enterprise CEO Meg Whitman said Friday Republican presidential front-runner Donald Trump‘s policies could send the U.S. economy spiraling into recession and would increase the national debt and deficit.

“His … plan to put on a 35 percent tariff for goods imported into the United States from Mexico and China would sink this country into a recession,” she told CNBC’s “Squawk on the Street.” “It would penalize global companies who are trying to be competitive globally.”

Whitman served as national finance co-chair for New Jersey Gov. Chris Christie‘s failed bid for the Republican nomination. She called Christie’s endorsement of Trump “an astonishing display of political opportunism.”

“Donald Trump is unfit to be president. He is a dishonest demagogue who plays to our worst fears. Trump would take America on a dangerous journey. Christie knows all that and indicated as much many times publicly,” Whitman said in a statement following the endorsement.

Earlier this week, Whitman joined with Republican business leaders, including hedge fund manager Paul Singer and Chicago Cubs co-owner Todd Ricketts, to raise funds for a political action committee that would seek to derail Trump’s bid for the White House.

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