As fears of a recession loom on the minds of many, White House National Economic Council director Larry Kudlow took to the Sunday shows to state otherwise.
On Meet the Press with F. Chuck Todd, Kudlow ‘doesn’t see a recession’ and ‘we’re doing pretty darn well’:
Kudlow also appeared on “Fox News Sunday” and asked rhetorically, “What’s wrong with a little optimism?”
According to Reuters, stocks will open lower Tuesday because of Trump’s new tariffs imposed on both Argentina and Brazil. Asian shares tumbled on Tuesday after U.S. President Donald Trump stunned markets with tariffs against imports MORE
Realizing fears of a recession and the state of the global economy, the Office of the U.S. Trade Representative (USTR) announced it will delay some Chinese products subject to tariffs until mid-December. Most of the MORE
The Trump administration exempted numerous Chinese products from tariffs while the two countries figure out how they want to resolve their Trade War. The items total approximately $250 billion dollars in good and include the MORE