US Trade Deals in the Works Outweigh Trade Dispute with China

US Trade Deals in the Works Outweigh Trade Dispute with China

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.

America First!

Have a terrific weekend

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Paul Ebeling

Paul A. Ebeling, polymath, excels in diverse fields of knowledge. Pattern Recognition Analyst in Equities, Commodities and Foreign Exchange and author of “The Red Roadmaster’s Technical Report” on the US Major Market Indices™, a highly regarded, weekly financial market letter, he is also a philosopher, issuing insights on a wide range of subjects to a following of over 250,000 cohorts. An international audience of opinion makers, business leaders, and global organizations recognizes Ebeling as an expert.

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