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Is that these numbers are sustainable. >> shepard: the president quoting two top economic advisers there. the report is very good news. some economists are questioning how sustainable the numbers will be. susan lee with more. >> yeah, good news. the economy is booming. that's 4.1%. yes, this morning we did hear from the u.s. president, president trump, who says the next quarter is also looking good and we're on track for the strongest full year economy in 13 years. consumer is a big part of it. up 4%. private investment fell a little bit. the housing market is cooling. we also had companies st...

Farmers getting rid of soy beans. so, do you look at 4.1% and think that is sustainable or should we talk about 2.83%? >> i think you're right to get a little bit anxious about focusing on only one number. and i got to also add that jared has over the years taken a lot of guff from conservatives about the first forecast he did about what the economy would be if we passed the stimulus and a think a lot of that criticism was unfair because they had to close, as i did, before they got a whole bunch of really bad data. for sure they would have chained t changed the numbers if they had the data. i ...

Soy beans from our farmers in the mid-west, primarily. >> look, the implication of what he is saying is clear. he is picking soy beans for a reason. so many soy beans that they will fill the massive hole from chosen, which, of course, is fighting back against trump's trade war by slapping massive tariffs on soy beans by 25%. if it's true, if they can fill the hole by china, it would be good for the president. we decided to check the numbers. guess what, it turns out it does not add up. last year they reported 12.3 billion. europe, can you see that skinny thing on the bottom, 1. billion. europe...

And the other good thing is. at least we now have both the administration and the eu claim to have a mutual goal, and that is zero tariffs. zero non-tariff barriers and zero subsidies. we may not get there. this is the first time for the eu to articulate this. sometimes theed administration stated different goals. i was hardened and frankly, i don't know what the math will be on soy beans and lng. but turning the corner and increasing trade. you know, as a matter of trajectory, this was a good day. >> right. obviously, lng. we don't have the terminals. i see your point. >> it won't happen over...

Of this if it doesn't materialize into actually zero tariffs back and forth? >> the appearance that something got done. i mean, that's -- unless something actually happens, which we don't know if it will, as richard pointed out. we could have a north korea situation where the president could hold it up and say, look, i have these pictures of me and the eu making nice together. and yet -- just kind of go with that. don't believe your eyes and ears. believe what i'm saying, which is what he said this week. also, it doesn't help farmers who are relying on china to buy their soy beans. that is goi...