At a press gaggle outside the White House, Kevin Hassett, Director of the National Economic Council, was asked by a reporter why more trade deals have not been announced.
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00:00You told us even before Liberation Day that you had 15 countries that were on the brink of making a deal in nearly two months and you've had one deal. So what is the hold of with all the other countries?
00:12There's been a whole bunch of deals. So you don't think that the deal with China counts as a deal and the deal with the UK. We've got like an agreement in principle with India.
00:23But anyway, everybody, you can talk to James Greer, Scott Bessett, Howard Luck. Everybody has seen awesome deals that are on the table. But last week we were in the Middle East cutting trillions of dollars of deals with our Middle Eastern friends.
00:37And now we're closing the trade deals. Now we're closing the trade deals because the president's back in the country. So I have time for one more question.
00:44I think everybody should just go read the Council of Economic Advisors report about the growth effects.
00:57It's based on the same kind of models that we used in 2017. And we pretty much nailed those growth effects, got everything right within a tenth or two.
01:04And so I think there's a lot of academic scientific credibility in the work that they're doing that says that we're going to have really high GDP growth, really high rates growth, low inflation from the supply side.
01:14It affects the policies. So thanks, everybody. I've got to run to a nine o'clock.