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Kevin Hassett on Trade Deals, Economic Growth, and Inflation

Forbes Breaking NewsJune 7, 20251 min2,866 views
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Progress on Trade Deals

  • ❓ A reporter questions Kevin Hassett about the hold-up on trade deals, noting that nearly two months after liberation day, only one deal has been announced despite 15 countries being on the brink.
  • 🗣️ Hassett counters by stating there have been "a whole bunch of deals", including a deal with China, an agreement in principle with India, and significant deals made in the Middle East.

Economic Growth and Policy

  • 📈 Hassett refers to a Council of Economic Advisors report detailing the growth effects of current policies, using models similar to those from 2017 which accurately predicted economic outcomes.
  • 💰 The report predicts high GDP growth, high wage growth, and low inflation due to supply-side effects of the policies.
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What’s Discussed

Trade DealsKevin HassettEconomic GrowthGDP GrowthWage GrowthInflationSupply-Side EconomicsCouncil of Economic AdvisorsNational Economic Council
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