While speaking to reporters outside the White House with Department of Government Efficiency (DOGE) senior adviser Elon Musk, President Donald Trump said he did not think there would be a recession amid drops in the stock market and U.S. tariffs imposed on Canada. The president also addressed the 30-day ceasefire proposal in the Russia-Ukraine war and said he would talk later in the week with Russian President Vladimir Putin about the proposal. During this event, various Tesla car models were on display, and President Trump said he would buy one of the them. Tesla is owned by Elon Musk.