Opposition in the Trade War

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Good morning. As in detail last week, President Trump said the trust of a block of at least one voter in the ongoing trade wars: CEOS, which is more and more concerned about the economy.

Although some areas can eventually gain tariffs, a short-term disruption is difficult to navigate. My colleague Shawn Tully looked closer to the influence of trade wars in the US economy. First, the President examined the attention of Trump’s trade deficit and Several recording spoke to the economistFor example, like Stanford’s John Cochrane, “Why a problem is not clear why a trade deficit is not clear in the United States again”

The second one points to the stone some fundamental truths about the tariffs. They are mainly a tax grown by US consumers, likely to grow and unemployment, they will not reduce trade deficit or federal budget deficit, and most importantly, ran from the road to the ran to the road by ran away from the road.

Tomorrow, Canada Minister of Transport and Interior Minister Chrystia Freand, I recently enjoyed to perform the Deputy Prime Minister and Deputy Minister of Finance. Will join us FortuneCEO Dinner in New York, here former Transport Secretary Elain Chao and former Trading Secretary Wilbur Ross. Be sure to have a live discussion with a certain discussion and trade in the menu.

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Contact CEO every day through Diane.brady@fortune.com

This story was first displayed Fortune.com

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