Trump Administration Policies Increased Real Incomes, Increased Optimism, Consumer Confidence: Economist

EJ Antoni, research fellow and public finance economist at the Grover M. Hermann Center for the Federal Budget at The Heritage Foundation, spoke with NTD about the Federal Reserve’s announcement of its decision to lower the target range for the federal funds rate by 0.25 percentage point to 4.5 to 4.75 percent, how President-Elect Donald Trump’s proposed tariffs and policies would affect the U.S. economy, and if the Chinese economy could survive U.S. tariffs.