Newt Gingrich: President Trump willing to take economic risks to deal with China

President Trump is still willing to take the necessary risks to “deal” with China despite talk from many quarters about a potential economic downturn, Newt Gingrich said Thursday.

Appearing on “America’s Newsroom,” Gingrich told host Sandra Smith that he thought the president waivered “in part based on the news media coverage.”

He noted that as news of a possible recession continuously circulated, the White House “went all out putting Larry Kudlow and others on TV saying, ‘Oh, things are fine; don’t worry about it.’”

Then, just one day after considering a tax cut to promote economic growth, the president pivoted and said that the nation already had a “strong economy.”

Trump told reporters on Thursday: “I'm not looking at a tax cut now. We don't need it; we have a strong economy. Certainly, a payroll tax cut -- President Obama did that in order to artificially jack up the economy. President Obama had zero interest rates. I don't have zero interest, I have real interest rates. And, despite that, I have a strong economy.”