- In the CEO today: Diane Brady to the dissidents to Trump’s trade war
- The big story: recession?
- Markets: A short moment of calm.
- Analyst notes from Goldman Sachs, Convera, and Ey On the Federal Reserve; And Wedbush on apple.
- plus: All news and a water cooler chat from Fortune.
Good morning. As I mentioned in detail last week, the ongoing commercial wars of President Trump have led to the confidence of at least one bloc of the ingredients: Executive chiefs, who are increasingly concerned about the economy.
While some industries may eventually gain definitions, it is difficult to move in short -term disruption. I have given my colleague Sean taking a closer look at the impact of commercial wars on the American economy. First, examine President Trump’s focus on the trade deficit Talk to many famous economistsJohn Cocran of Stanford University, who argues that “it is not clear because of a trade deficit in the first place, because the countries re -invest the dollars that we send again in the United States.”
Second, tully refers to Some basic facts About definitions. They are mainly taxes by American consumers, and they are likely to harm growth and increase unemployment, and will not reduce the trade deficit or federal budget deficit, and most importantly, in my opinion – it exposes the narration that we are stumbling by the red partners of the red.
I am excited to speak tomorrow with the Minister of Transport and Internal Trade of Canada, Craysta Frayland, who recently occupied the Deputy Prime Minister and Minister of Finance. You will join us in luckNew York CEO dinner, where we will also talk to former Transport Minister Eileen Zhao and former Minister of Commerce Wilber Ross. It is definitely a vital discussion, with customs tariffs and confirmed trade in the list.
More news below.
Call the executive daily via Diane Brady at [email protected]
This story was originally shown on Fortune.com
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