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Top Economic Adviser Admits Trump’s Trade Wars Could Hurt US

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In response to recently being asked whether Donald Trump's tariffs could "jeopardize" the strong US economic growth, Larry Kudlow, the president's top economic adviser, said over the weekend, "Oh, it might, I don't deny that." While talking with Chris Wallace on "Fox News Sunday", Kudlow said no harm has befallen the economy quite yet, but added that the tariffs "need to be kept an eye on" should they "jeopardize" the progress of the labor market and economy." Most economists estimate the tariffs will cause a net loss in US jobs since more people are employed in industries that rely on steel and aluminum than are employed in the metals industries.

Added on the 04/06/2018 10:23:38 - Copyright : Wochit

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