Economic Optimism Amid Trade Policy Uncertainties
White House economic adviser Kevin Hassett expressed optimism about the U.S. economy, despite uncertainties over President Trump's trade policies. Speaking with CNBC, Hassett anticipated positive GDP data for the first quarter and noted that tariffs on Canada, China, and Mexico were boosting U.S. manufacturing and jobs.
- Country:
- United States
In a recent CNBC interview, Kevin Hassett, economic adviser for the White House, conveyed optimism regarding the U.S. economy despite the looming uncertainties surrounding President Donald Trump's trade policies.
Hassett predicted that these uncertainties would be resolved by early April and confidently forecasted positive GDP results for the first quarter, countering some analysts' predictions.
Highlighting the effects of Trump's tariffs against Canada, China, and Mexico, Hassett emphasized their success in revitalizing U.S. manufacturing and job creation.
ALSO READ
-
Nomination Turbulence: White House Withdraws Jeffrey Anderson for ICAO Post
-
Nomination Turbulence: Jeffrey Anderson's ICAO Bid Grounded
-
Withdrawal of ICE Director Nomination: A Surprise Turn
-
Trump and Xi Set for High-Stakes Summit: Trade, Taiwan, and Technology in Focus
-
EU Tariffs on Hybrids: A Call to Shield German Auto Industry
Google News