White House Economic Advisor: It is expected that Q1 will barely achieve positive growth, and the uncertainty of trade policy will be resolved in early April
ChainCatcher news, according to Jinshi reports, US White House economic advisor Hassett stated that he remains optimistic about the US economy. The growth in the first quarter is related to legacy issues from former President Biden's administration and timing of tariffs with President Trump.
Trump's trade policies are beginning to produce expected results, bringing manufacturing and employment back to the United States. Discussions on economic recession should be approached with caution; it is expected that the first quarter will barely enter a positive growth range. Uncertainty over trade policy will be resolved in early April.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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