Kevin Hassett
speaker
2,210 appearances
195 recordings
16 series
first heard Oct 2024
last heard 10 Aug
Kevin Hassett’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 154 in all, peaking in May 2026 with 38.
Appearances
President Trump, you know, will decide what the end game is.
He'll look at the deals that are being presented to us and decide if the deal is good enough.
You saw, for example...
that we just had a big reduction in the tariff for Switzerland after a very acrimonious phone call between the president and the Swiss that led to the very high tariff rate.
And so I think that there's a negotiation underway.
I think for many countries the negotiation is finished, and for some countries there's still work to be done.
No, I think that what we'll be converging to is something like a border-adjusted business cash flow tax because we, in the big, beautiful bill,
One of the things we did is we expanded the various export subsidies for multinationals.
And so if you have a, this is inside baseball math, but if you have an export subsidy plus a tariff plus a payroll tax, then you basically have a border-adjusted business cash flow tax.
And so I think that in equilibrium, what we're seeing is that we're getting lots of revenue.
It's a few hundred billion already this year, and it's not causing a lot of harm.
GDP now is at 4%.
Inflation has been trending slightly down.
And so I think that it's working the way it would if it were a border-adjusted business class pro-tax.
I think that there's a race to produce in the U.S.
to avoid tariffs.
that is very beneficial for U.S.
workers.
And if you look at capital spending year over year, we're having one of the best years ever, and that's even before we go through the trillions of promises that we've made in the trade deals.
And so there's that, which is the sort of capital spending effect.
Showing 1341–1360 of 2,210 · page 68 of 111
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