CNBC Daily Open: Consumers are worried over the economy. The White House insists it’ll be fine

Yeo Boon Ping - CNBC - 15/04
White House officials are preaching the sense of Trump's economic policy. A Federal Reserve survey is the latest to show sentiment over the economy slumping.

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People shop at a grocery store in Manhattan on April 01, 2025, in New York City. 
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Taken from CNBC’s Daily Open, our international markets newsletter — Subscribe today

A day without major tariff developments from U.S. President Donald Trump's administration is, for markets, a day of cautious optimism (or at least what passes as "optimism" in such unusual times). There was breathing room on Monday for markets to make tentative moves upward, especially after the news, out late Friday, of a last-minute exception for electronics from so-called reciprocal tariffs. White House officials are still making their rounds on major news channels to preach the sense of Trump's economic policy. The latest to do so is National Economic Council Director Kevin Hassett, who, on Fox Business, said Monday the country wo...
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