USA: White House
WASHINGTON, (Reuters) – White House officials pushed back today against concerns that economic growth may be faltering, saying they saw little risk of recession despite a volatile week on global bond markets, and insisting their trade war with China was doing no damage to the United States.
Trump administration economic adviser Larry Kudlow said trade deputies from the two countries would speak within 10 days and “if those deputies meetings pan out…we are planning to have China come to the USA” to advance negotiations over ending a trade battle that has emerged as a potential risk to global economic growth. Continue reading
Aug 1st 2019 – The Economist Magazine
Opinion: The Problem Isn’t the Trade Wars… It Is Trump – David Rosenberg | Haaretz
There is a definite risk of economic fallout, but the deeper worry is that the White House is incapable of handling the crisis
How many times has Donald Trump come close to ushering America and the world into a crisis with inflammatory tweets and ham-fisted policy initiatives? It’s hard to keep track, yet remarkably, he has managed after two-and-a-half years in office to stay one step away from disaster.
As serious as the issues involving North Korea and Iran are, their global impact has been limited. The world moves on even as Pyongyang tests more missiles and Tehran takes tankers hostage.
The latest escalation of Trump’s trade war with China is something different. Continue reading →
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