God Help the USAThe US is bracing for double-digit negative growth, and the real damage will only be seen further down the line, warned Trump's economic adviser.
Kevin Hassett, economic adviser at the White House, told CNBC's "Squawk Box" on Monday: "You're looking at something like minus 20% to minus 30% [gross domestic product] in the second quarter."
That the above is not even the worse-case scenario, he added.
The US is due to publish GDP figures for the first quarter on Wednesday.