NEC's Kudlow on Jobs Report, Federal Reserve, China Trade Talks

The video discusses the US economic outlook, focusing on GDP growth, labor market conditions, and the Federal Reserve's interest rate policy. It highlights the debate over rate cuts amid low inflation and a global slowdown. The discussion also covers nominal GDP trends and the impact of supply-side policies. Additionally, the video explores ongoing US-China trade negotiations, emphasizing the need for a comprehensive and enforceable trade deal.

What is the speaker's overall outlook on the US economy based on the text?

How does the speaker characterize the current trade negotiations with China?

What are the key areas that the speaker believes need to be addressed in the trade deal with China?

What does the speaker imply about the timing of the trade deal?