Kevin Hassett, head of the National Economic Council, shared an optimistic outlook on the status of ongoing tariff negotiations, suggesting the Trump administration is making meaningful progress. He noted that an update could be released before the end of the day.
Speaking during a CNBC interview, Hassett expressed cautious optimism about discussions with China, saying the two sides are nearing a breakthrough. He also pointed out that the administration has received challenging trade proposals from over 20 countries.
Beyond trade, Hassett addressed tax policy, emphasizing that President Trump remains opposed to raising taxes on high-income earners.
