The White House economic team says record U.S. exports are keeping our economy strong. What's the trade as the globe buys American?
Earlier on CNBC Commerce Secretary Carlos Gutierrez said, “40% of U.S. growth came from exports in the second quarter. 40% of our GDP growth. Exports are… becoming a major contributor to our economy. That says a lot about American workers and businesses. We've got to keep that going and keep on opening markets and keep on leave believing in the power of free trade.”
Dylan Ratigan asks the panel, “Will global growth stave off a recession domestically over the next 6 to 9 month?”