Investing.com -- White House economic adviser, Kevin Hassett, expressed optimism about the U.S. economy on Monday. He anticipates that uncertainties surrounding President Donald Trump’s trade policies will be resolved by early April. He also predicts that the GDP data for the first quarter will be favorable.
During a conversation with CNBC, Hassett, who is also the leader of the National Economic Council, gave several reasons for his positive outlook on the U.S. economy. This optimism comes despite some forecasts predicting a negative GDP outcome in the first quarter and worries about inflation.
He also highlighted the impact of Trump’s tariffs on Canada, China, and Mexico, stating that these measures were successfully driving manufacturing and job opportunities back to the United States.
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