Top White House economic advisers dismiss growing concerns that the US economy is headed for a recession.
showed that 64 percent of Americans support free trade, up 13 points from 2015 and 7 points from 2017. On Trump, 49 percent of respondents approved of his handling of the economy.
Navarro said he could say"with certainty" that"we're going to have a strong economy through 2020 and beyond with a bull market," predicting further rate cuts, monetary easing in Europe, another fiscal stimulus in China, and what he believes is the likely passage of the new U.S.-Mexico-Canada trade agreement this fall.
On delaying the upcoming round of China tariffs, Navarro said the move was made because U.S. retailers had already locked in purchase orders for the Christmas season and"did not have any power to basically shift the burden back to China."
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