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Trump tariffs not causing inflation because of patriotism buying: Hassett

White House economic advisor Kevin Hassett speculated Monday that new tariff policies are not yet sparking widespread price inflation because President Donald Trump has convinced more people to buy American. “There’s, I think, a lot of patriotism in the data,” Hassett said on CNBC’s “Squawk Box” when he was asked to explain why Trump’s protectionist … Read more

US seeks deal in London on China rare earth flows, Hassett says

US negotiators will aim to restore the flow of critical minerals when they meet their Chinese counterparts for a new round of trade negotiations Monday in London, a top economic aide to President Donald Trump said.  “Those exports of critical minerals have been getting released at a rate that is, you know, higher than it … Read more

Trump and Xi could soon talk about trade, Hassett says

White House economic adviser Kevin Hassett gives a TV interview outside of the White House in Washington, U.S., May 9, 2025. Leah Millis | Reuters National Economic Council director Kevin Hassett suggested on Sunday that President Donald Trump and China’s President Xi Jinping could have a conversation about trade as soon as this week. Hassett … Read more

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