Call Me Stormy

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Archive for the tag “U.S. Economic Council”

Well That Worked Out Quickly

Vietnam called President Donald Trump and has offered to lower its tariffs on American imports to zero if the United States reciprocates. This is the second nation to do so, following Argentina. In fact, some 50 countries have reached out to Economic Council Director Kevin Hassett to signal they want to negotiate new tariff rates.

As more nations agree to eliminate tariffs or greatly reduce them, we will have plenty of alternatives to secure imports if more pronounced trade wars break out with a major partner, like Mexico or Communist China.

Also: Keep an eye on Europe. Which nations will want to play ball with us as opposed to those spoiling for a fight? Here’s more from the Liberal Hivemind.

The President announced that April 2 is “Liberation Day.” He said the sick patient went through an operation on Liberation Day, and it’s going to be a booming economy. But not everyone is happy. Let’s review both sides, and you decide. Here’s more from Lori Colley.

GDP Climbs A Record 33 Percent

President Trump was in a celebratory mood at Thursday’s Tampa rally after learning the third-quarter GDP climbed a record 33.1 percent, largest in the history of our country.  The number is just a first estimate, according to Fox Business News, and could be revised up or down.

The increase bodes well for an improving economy and proves that the Trump Administration’s policies in place are working. Director of the U.S. Economic Council Larry Kudlow says inventories are being rebuilt this quarter and the  momentum is moving into the fourth quarter and 2021. “This is not a one-time impact,” he says. “It’s a strong, strong recovery. The V-shaped concept that I coined a while back, looking pretty good right now.” Here’s more with Fox Business.

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