Tags: wilbur ross | economy | trade | issues

Wilbur Ross: US Economy Strong Despite Trade Issues

Wilbur Ross: US Economy Strong Despite Trade Issues
(Justin Sullivan/Getty Images)

Tuesday, 01 May 2018 01:19 PM

U.S. Commerce Secretary Wilbur Ross said the American economy is strong despite a range of uncertainties over global trade.

There are “lots of clear signs” that the U.S. economy is doing “very, very well,” Ross said on stage Tuesday at the Milken Institute Global Conference in Los Angeles.

Ross cited such factors as the “reshoring” of jobs to America, deregulation, and tax cuts benefiting companies and individuals.

Ross also noted that steel tariffs negotiations with Canada, Mexico and the European Union were making enough progress to delay imposition another 30 days.

He added that separate negotiations with the E.U. over potential tariffs on U.S. goods were “a work in progress,” with no solution yet.

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U.S. Commerce Secretary Wilbur Ross said the American economy is strong despite a range of uncertainties over global trade.
wilbur ross, economy, trade, issues
114
2018-19-01
Tuesday, 01 May 2018 01:19 PM
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