Stephen Moore wants an immediate rate reduction, while the Fed's board has preached patience.
The shutdown and ongoing trade war with China could push the U.S. economy into a recession this year.
While cheaper prices are painful for oil producers, they're a boon to importers.
In particular, the ballooning deficit and related lending risks trouble the prominent economist.
Trade tensions between the U.S. and China will be center stage at an upcoming IMF meeting.
Five of the seven already in a currency crisis or a program run by the International Monetary Fund.
Trump said he is rejecting overtures from China as he tries to achieve a less "one-sided" trade policy.
The U.S. is projected to be the only Group of Seven nation to see growth accelerate this year.
Global automakers have shown there are ways to bypass the battle.
There are winners and losers, especially among emerging economies.