'We’re very far from a recession,' President Trump declares Tuesday, amid warnings from economists that a recession may be on the horizon.
Trump's advisers have told him to focus his message on the signs of strength in the economy, like low unemployment, and avoid tying his success to the stock market, which the president has publicly used as an EKG of his presidency, according to people familiar with the discussions.
"Sorry to disappoint Democrats, but the economy has never been stronger!" said Trump campaign manager Brad Parscale in a message retweeted by the president that accused news organizations of"cheering for the economy to tank." Trump later retweeted a supporterTrump’s advisers have been divided on how hard to push China on a deal, said people familiar with the talks.
That division has contributed to the White House sending mixed signals on how badly the U.S. wants a deal.because he didn’t want to hurt U.S. consumers during the holiday shopping season, while allowing an additional $100 billion in tariffs to go forward next month. He has also put off making a decision on whether to grant Chinese technology giant Huawei Technologies, which he has described as a national security risk, a 90-day extension to buy parts from its U.S. suppliers.
“President Trump’s base, and many other Americans, have long been uncomfortable with China's growing power,” Christopher Wilson, a Republican pollster with WPA Intelligence, said in an email. “Events like the Hong Kong protests, especially if they end in the seemingly inevitable crackdown by the Chinese, will only strengthen Americans’ distrust of China. So continuing to take a hard line and not agreeing to a deal just to make a deal is probably an electoral benefit for the president.
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