Sunday, White House economic adviser Larry Kudlow said that trade deals being worked out will “outweigh any of the very small problems” in the US trade dispute with China.
In a TV interview Mr. Kudlow touted a new deal with Japan.
“Not only is there a successful trade deal being brokered with Japan, but we have a terrific deal with USMCA, partners in Canada and Mexico, which will add between half to 1% point additional GDP per year when the Congress finally enacts the law, hopefully this fall. That will way outweigh any of the very small problems with the China trade.“
Mr. Kudlow said the G7 Summit in France has been better than expected.
“The whole conference, including the unexpected luncheon between President Trump and French President Macron, has gone very well. Better than we thought,” he said. “It was a very positive vibe. So I will go that far and say actually it’s been a solid gathering.”
Have a terrific weekend
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