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Larry Kudlow Discusses Trade Deficits and Economic Growth Under Trump

  • Larry Kudlow stated that economic growth should be prioritized over trade balances in U.S. Policy, emphasizing that trade deficits are not a sign of weakness.
  • Kudlow mentioned that he attempted to convince President Donald Trump that trade deficits aren't reliable indicators of economic weakness.
  • Trump unveiled a plan for a 10% baseline tariff on most countries, pausing it for 90 days except for China, which he accused of retaliating.
  • A federal appeals court temporarily halted a lower court ruling blocking Trump's tariff plan, which included proposed reciprocal tariffs.
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Fox Business broke the news in United States on Thursday, May 29, 2025.
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