Kevin Hast, director of the National Economic Council, analyzes the impact of President Donald Trump's tariffs on “Kudlow”.
According to one of the newest White House officials, who believes the United States sees “the biggest” financial reforms in trade, energy, regulations and taxes and costs, President Donald Trump's economic plans are being implemented.
“When people who try to make a horror on President Trump's business policy, they simulate what they do, they do not count all other policies. So President Trump Drill, Child, Drill and Regulations Tax reduction and tax cuts and cost reduction “Kevin is the director of the National Economic Council, in a A dedicated interview at “Kudlow”, Monday
“And if you look at tariffs as part of a general strategy, as President Trump says, it's a golden age,” he added. “And this is the biggest side reforms the US has ever seen.”
On the way to the presidential election, Trump has repeatedly proposed tariffs on commercial countries such as Mexico, Canada, China and others to be used more as a negotiation tactic. It was proved to be early this week when President Columbia Gustavo Petro worked Quickly withdrew from their refusal After Trump's threat of tariffs and other measures, accept exiled flights from the United States.
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“I think you have seen from the Colombian negotiations that the President, if needed to use tariffs, will be able to gain political privileges that are good for America, to prioritize America Has data. ”
Kevin Hast, director of the National Economic Council, speaks with President Trump's main financial priorities, from taxes and tariffs to artificial intelligence and energy. (Pictures of Gitti)
“The main point is that a tariff is not necessarily just one weapon, but economically, if you do mathematics, tariffs can be part of a supply strategy that includes a large tax bill,” the manager continued. Confirming that global tariff is something Trump and parliament lawmakers are “negotiating” in a reconciliation bill.
Also under reconciliation negotiations, 15 % of corporate tax rates that Is currently 21 %.
Host also emphasized the impact of domestic energy production and gas production In the minimum of inflationClaiming Wall Street analysts on the wrong hypothesis about Trump's economy costs.
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“If you spend $ 1.5 trillion a year for government spending, you want to get inflation. If you don't allow people to be drilled, child, drill, energy price … If you do it, as Biden Draw 130 million chickens for the past two years, then the price of the egg was rising.
The newly appointed economic manager also noted: “Inflation under Joe Biden was only 5 % below 5 % for its whole period, almost a little less than Jimmy Carter and more than twice as much as President Trump's time. And we “100 % about the ball after inflation, but it needs everything, and now, we have inherited really high inflation. “
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The Polish President of Poland, in the morning with Maria at the World Economic Forum in Davos, Switzerland joins “Morning with Maria” to talk about the impact of Trump's presidency on the global economy.
Trump also Artificial Intelligence Contest (AI) The future impacts on the economy, but immediately focused on reversing the subsequent effects of “reckless costs” by Biden.
“One of the really interesting things in the last week … is to go around and see DOGE people, see Elon Maskak in the halls and see all the great ideas that people have to make sure Americans have their money They do not see, “Wasted by a useless government”.
Fox News staff were involved in the report.