Brian Monian, CEO of Bank of America, assesses US economy, trade and tariffs in the “Special Report”.
White House is trying to secure countless business transactions during the President Donald Trump 90 -day tariff pause, but overall tariff disputes have increased US market fluctuations. A leading CEO of the US Bank argued that a “plan” deal could do a lot of work to “calm the market”.
On Tuesday, the White House Minister of Press Caroline Levit said the Trump administration now has “18 offers on paper” for business transactions, but there is still a lot of predictions that a deal is actually happening. Brian Movinean, CEO of the US Central Bank, told FOX News: “A business transaction declaration has two main goals for Trump.”
“One of these (business transaction) gives them a plan (the Trump administration) … second, it shows that transactions can be done,” said Moynihan. “Special Report” Thursday
“If these rumors are right that some countries are closer, and there will be something, I think it will do a lot of work to calm the market because they say there is a way to solve it.”
White House says the Trump administration has 18 commercial offers “on paper”
Kevin Hast, director of the National Economic Council, is sharing the “policy” in the series of President Donald Trump's trade series and meeting with China at Kudlow.
Trump's tariff policies have sent shock waves through the US economy and the World Trade. The 90 -day President of Pause on mutual tariffs, the “Day of Freedom” imposed on dozens of countries, with the exception of China. This pause was a sudden change after the pause for tariffs, only the negotiations.
Vice versa, Trump's administration raised it on its China's tariff To 145 %
Now, the government, including Trump, is negotiating with foreign countries for a strike that is useful for the United States and reduces the country's chronic business deficit.
The uncertainty about Trump's tariffs and trading has led some economists to lower growth assumptions, but the Moinians believe that the US economy is still “logical”.
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White House Press Minister Caroline Levit said the Trump administration now has “18 offers on paper” for business transactions.
Monian again emphasized that the Bank of America's research team does not do so See the recession. On the horizon, but they see the economy as “high speed”.
“They see that the economy is slowly slow, and this is where we have to be careful. They are still seeing positive growth, but you are growing from a 3 % growth in the third quarter of '24 to 1 % growth in these three months … This is a great slowdown in a big economy,” he said.
While Trump administration The Movieans stated that Americans cannot “how do they all work together, and they are a little worried about it until this kind is disappeared.”
Wolf Norman and Fox News Digital, but Calton was involved in the report.