“So the fact is, the countries are angry and retaliating — and, by the way, coming to the table,” he said. I got a report from the [U.S. Trade Representative] last night that more than 50 countries have reached out to the president to begin a negotiation, but they’re doing that because they understand that they bear a lot of the tariff. I don’t think that you’re going to see a big effect on the consumer in the U.S., because I do think that the reason why we have a persistent long-run trade deficit is these people have very inelastic supply” – National Economic Council Director Kevin Hassett, today on ABC This Week.
When pressed by George Stephanopoulos about the risk of recession, White House National Economic Council Director Kevin Hassett highlights employment: “I would expect the jobs numbers … are going to go up even more now that the tariffs are in place.” https://t.co/WMlLzdU09H pic.twitter.com/RFJH6hUlsH
— This Week (@ThisWeekABC) April 6, 2025
Trump economic adviser Kevin Hassett says Russia was not targeted with new tariffs because of the ongoing negotiations with Russia and Ukraine: “That’s not appropriate to throw a new thing into these negotiations right in the middle of it.” https://t.co/wU6MurcPjU pic.twitter.com/AIhp7qo6tV
— This Week (@ThisWeekABC) April 6, 2025
Democrats should turn down all TV invitations and tell the bookers simply to have on Bessent, Lutnick, or Hassett instead. Those guys do far more damage to Trump than any of his critics.
— Bill Kristol (@BillKristol) April 6, 2025