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Trump’s top economic advisor says the Chinese economy is ‘crumbling’ even though it continues to grow despite the trade war

Despite Larry Kudlow's claim that the Chinese economy is crumbling, it actually grew by 6.2 percent in the last quarter.
Supporters of republican presidential candidate former Massachusetts Gov. Mitt Romney stand next to a national debt clock during a rally at Exeter High School on January 8, 2012 in Exeter, New Hampshire.

Trump and congressional Democrats’ budget agreement could add $1.7 trillion to the soaring federal debt

President Trump has shifted from pledging to end the federal deficit to huge deficit spending similar to that at the height of the financial crisis.

Trump’s top economic advisor just applauded Alexandria Ocasio-Cortez for her questions about low unemployment to Fed Chair Jerome Powell

In a congressional hearing Wednesday, Fed Chair Jerome Powell said the US economy can sustain unemployment "substantially lower than we thought."

Trump’s top economic advisor claims the US’s record $22.5 trillion national debt is ‘quite manageable’ and not ‘a huge p...

President Trump's economic advisor Larry Kudlow downplayed the US national debt of $22.5 trillion and said it doesn't concern him.

A top White House economic adviser says the ballooning budget deficit ‘doesn’t bother’ him

As a candidate in 2016, President Donald Trump promised to balance the federal budget within eight years.
Director of National Economic Council Larry Kudlow

The White House wants the Fed to cut rates. Wall Street says it’s a terrible idea.

Top White House brass have recently called for the Fed to cut interest rates. Wall Street doesn't think that's a good idea.
President Donald Trump undermined his cabinet by linking the arrest of Huawei's CFO to the trade talks.

Trump’s trade team spent days building a strategy to deal with the Huawei CFO arrest. Then Trump blew it up in a single interview.

President Donald Trump's linking of Huawei CFO Meng Wanzhou's arrest to trade talks undermined the efforts of his team to keep the issues separate.
Director of National Economic Council Larry Kudlow

White House confusion over Trump’s promised tariff delay shows the slapdash nature of the trade deal with Xi Jinping

The White House had to correct Larry Kudlow's statement on the China tariff delay, emphasizing the slapdash nature of the Trump-Xi trade war deal.
Director of National Economic Council Larry Kudlow

Stock markets jump after a key Trump advisor says there’s a ‘good possibility’ of a China trade deal

National Economic Council Director Larry Kudlow said the White House was having "a lot of communication with the Chinese government at all levels."
President Donald Trump.

Trump threatens to slash GM subsidies after the automaker announced layoffs, factory closings

In retaliation for General Motors' layoffs and factory closings, President Donald Trump threatened to cut subsidies given to the automaker.