Bloomberg Talks Moelis Vice Chairman Eric Cantor Talks Trump Economy
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Apr 16, 2025 Eric Cantor, Vice Chairman of Moelis & Co and former House Majority Leader, delves into the economic landscape shaped by the Trump Administration. He discusses Jamie Dimon's insights on trade policies and negotiations with Japan and India. Cantor highlights the implications of tariffs and the urgent need for congressional Republicans to showcase economic achievements before midterms. He also warns of potential shifts in governance, advocating for effective political strategies to counter extremist policies while maintaining economic growth.
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Trade Success as Key Metric
- The Trump administration focuses on tangible trade successes to demonstrate policy effectiveness.
- Opening markets like Japan and India to U.S. exports is key to calming economic uncertainty.
Act Fast on Trade and Taxes
- The administration and Republicans should act quickly to show success on trade before midterms.
- Extending the 2017 tax cuts is advised over raising taxes, which could hurt growth and small businesses.
Trump Viewed as Pro-Growth
- Trump is still seen as pro-growth despite policy setbacks in markets.
- His business experience drives focus on wealth creation and trade rebalancing with allies.