Nobel laureate Paul Krugman, a distinguished City University of New York professor, says the US is in a trade war. He’s shocked at how fast consumer expectations have deteriorated due to economic uncertainty. He speaks on Bloomberg The Close.
Former US Treasury Secretary and Bloomberg Wall Street Week contributor Lawrence H. Summers talks about the risk of a recession in the US this year, President Donald Trump’s trade war, and the impact on the economy and the manufacturing sector. He speaks to Bloomberg’s David Westin on “Bloomberg Open Interest.
In a trade war that is spiraling out of control, the gloves are off between the U.S. and Canada. Canada’s next Prime Minister has promised to stand up to Trump. Eric Lascelles is Chief Economist of the Royal Bank of Canada Global Asset Management. He joins the show to look at what all this might mean.
Apollo Chief Economist Torsten Slok talks about how the trade war and thousands of government worker layoffs impact the US economy. He is on “Bloomberg Surveillance.”
Mark Carney, Canada’s new Prime Minister, replacing Justin Trudeau after a decade-long leadership, addresses the contentious issue of the Canadian relationship with the Donald Trump Government. Very relevant and timely.
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