White House officials have been actively defending the recent recession, which has raised concerns over the US financial market and deepening US-China trade conflicts.

According to Bloomberg News yesterday (18) local time, Larry Kerr, chairman of the White House's National Economic Commission, appeared on Fox News to refute the perception that the US economy is heading for recession.

"We can't recognize the recession at all," Kurdler says. There are no new measures to boost the economy, and the Trump administration will continue on its current agenda.

Kerrlow said in an interview with NBC, "Consumers are playing a role. They are spending at a higher rate at a faster rate."

Peter Navarro, director of the US White House Trade and Manufacturing Policy Division, also appeared on ABC to dispel concerns about the recession, saying that the US economy will remain strong until 2020.

In an interview with CNN, he argued that long-term and short-term bond yields were reversed. "There was no technical inversion of the yield curve. What we have is a flat yield curve."

Navarro also urged Mr. Jerome Powell to head the Federal Reserve, saying, "The Fed should look in the mirror and say," I have raised interest rates too quickly. "

Mr. Kerrlow says China could meet with US representatives to come to the United States to continue negotiations if talks between the two sides are held in 10 days and the deal is resumed.

Last week, he introduced that the phone calls between the two negotiators were far more positive than what was known in the media.

The US government postponed some of the 10% tariffs, which were due in September, to December, giving US companies time to avoid a significant price hike.

Navarro explained the background of the delays, saying Trump's economic leaders said they did not have enough time to pass additional tariff burdens to China.

But Navarro said after repeating the previous claim that tariffs did not increase the burden on US consumers, "we were honestly surprised by how aggressively China is trying to bear that burden."

(Photo = Getty Images Korea)