Trump’s key appointments
Donald Trump’s new administration is rapidly coming together, with strategic appointments that could profoundly influence US economic policy. Among the prominent figures, Kevin Hassett stands out, chosen as president of the National Economic Council (CNE). Hassett, already known for his role in Trump’s first term, has a long career behind him, having held important positions in various economic fields, including the Milken Institute and the Hoover
Institution at Stanford.
Kevin Hassett’s profile
Hassett is a highly experienced economist, with a doctorate from the University of Pennsylvania. He worked as economic advisor for several presidential campaigns, including those of John McCain and Mitt Romney. His appointment comes at a crucial time, as Trump has renewed his promises to increase tariffs on Chinese goods and to impose new taxes on products from Mexico and Canada. These decisions could have a significant impact on international trade relations and the U.S. economy.
The role of the National Economic Council
The National Economic Council, established in 1993, has the task of advising the President on economic policy. Under Hassett’s direction, the CNE will be responsible for coordinating and implementing the administration’s economic policies, working closely with various government departments and agencies. The appointment of Jamieson Greer as United States trade representative marks a further step towards a more aggressive economic strategy, in line with Trump’s protectionist policies
.
Implications for the US economy
Trump’s choices could mark a significant change in the country’s economic direction. With Hassett and Greer at the helm, a more decisive approach to trade policies is expected, which could affect not only relations with China, but also with other trading partners. The strategy of raising tariffs could lead to trade tensions, but Trump seems determined to protect American workers and promote a stronger economy
.