During a press conference with outgoing U.K. Prime Minister Theresa May, President Trump said Brexit should happen, committed the U.S. to a "phenomenal trade deal" with the U.K., and expressed his reasoning behind tariffs on Mexico. Image: WPA Pool / GettyAs the election results became clear in 2016, financial markets rose amid a surge of economic optimism. That surge continued for two years as Donald Trump and Republicans pursued a pro-growth agenda of tax reform, deregulation and encouraging domestic energy production. But with Democrats now controlling the House and Mr. Trump already campaigning for re-election, Washington is again taking an anti-growth turn. That’s the disappointing big picture if you step back from the daily...

Source: Wall Street Journal June 04, 2019 23:06 UTC