Important News 1. Trump: Tariff rates on Colombia to be announced. 2. Hassett, director of the White House National Economic Council, said there is a possibility of progress on the government shutdown this week. Stock News 1. Evercore ISI: Apple (AAPL. O) stock added to the list of tactical runners. 2. IBM (IBM. N) will acquire AI Cloud as a Service provider Cognitus to strengthen SAP. 3. Micron Technology (MU. O) shares rose more than 4% in premarket trading after Barclays raised its price targ...
Hassett, chairperson of the National Economic Council of the United States: Powell is unlikely to regain Trump's favor.
The director of the US National Economic Council, Hassett, has publicly accused the Federal Reserve of injecting political factors into interest rate decisions, pointing to the partisan tendencies of interest rate cuts before last year's election and this year's stand-still operations. Click to view...
On the morning before the first meeting of the Sino-US economic and trade consultation mechanism, Hassett, director of the White House Economic Council on CNBC, gave an interview. He revealed for the first time that the US government is considering removing some export controls in exchange for China's further relaxation of rare earth export controls. Hassett said that this round of talks "will not be long, but it will be a strong handshake"; if China allows large-scale exports of rare earths, "a...
National Economic Council Director Hassett: A trade deal is expected in the next week or two, and I'm already aware of three upcoming agreements.
U.S. National Economic Council Director Hassett: Tariffs on certain countries could be reduced to 10% or less. The reduction in tariffs will apply to countries that offer good conditions.
National Economic Council Director Hassett: An announcement on tariffs is expected by the end of today.
U.S. National Economic Council Director Hassett: It is expected that there will be tariff news announced before the end of today. (Jin Ten)
According to Jin Ten Data, Hassett, director of the National Economic Council of the United States, said that we have made great progress in tariff negotiations with the European Union, and there is no insider trading in the White House.
President Donald Trump is considering a 90-day suspension of tariffs on some countries.