Trump says GDP growth 'could be in the 5s' next quarter

President Donald Trump walks to his seat between first lady Melania Trump, right, and Boeing Co. Chairman, President and CEO Dennis Muilenburg, left, after speaking at a dinner meeting with business leaders, Tuesday, Aug. 7, 2018, at Trump National Golf Club in Bedminster, N.J. (AP Photo/Carolyn Kaster)
President Donald Trump speaks as he meets with business leaders, Tuesday, Aug. 7, 2018, at Trump National Golf Club in Bedminster, N.J. (AP Photo/Carolyn Kaster)

BEDMINSTER, N.J. — President Donald Trump said Tuesday he thinks gross domestic product growth in the next quarter "could be in the 5s" — that is, higher than 5 percent.

Trump made the bold prediction Tuesday evening before a dinner at his Bedminster, New Jersey, golf resort with leaders from FedEx, Mastercard, Boeing, PepsiCo and other companies.

Trump also hailed his own economic and trade policies, saying he is "taking our economy to incredible new heights" in spite of fears of damage from the escalating trade disputes he has provoked.

"You're gonna see some really super growth," he promised.

He acknowledged, "We're in a little bit of a fight with China" over tariffs, but predicted a "fantastic trading relationship" eventually.

The government reported last month that the economy grew at an annual rate of 4.1 percent in the second quarter, the fastest pace in nearly four years.

At the end of his remarks, Trump asked the business leaders to introduce themselves. A number of them, including Fiat Chrysler CEO Michael Manley and Boston Beer founder Jim Koch, touted the president's economic policies, including his tax cut.

The introductions began to resemble the scene at many of Trump's Cabinet meetings, in which the president's appointees take turns praising him. Trump jokingly noted that everyone at the dinner appeared to like him.

Must Read

Feds: Plastic gun from 3-D printer seized at...

Aug 10, 2016

An official says airport screening agents confiscated a plastic handgun produced with a 3-D printer...

Clinton: Trump's words could have "tremendous...

Aug 10, 2016

Hillary Clinton says Trump's words could have "tremendous consequences," calls on Republicans to...

US: 45,000 Islamic State fighters taken off...

Aug 10, 2016

A top U.S. commander says that the military campaigns against the Islamic State group in Iraq and...

Experts: 2 killings by police were tragic, likely...

Aug 11, 2016

Two fatal police shootings in the Los Angeles area began the same way: officers thinking a suspect...

Shifting tone, Trump entertains the notion he...

Aug 12, 2016

Straying from his trademark bravado, Donald Trump is acknowledging that his presidential campaign...

Sign up now!

About Us

In The Headline sought to bring professionalism back into journalism, bringing you only the most exclusive and the most impactive news from all over the globe.

Contact us: sales[at]intheheadline.com