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Good morning. While I was detailed last week, the continued warships of President Trump prompted to trust at least one block of firefighters: CEO, which is more concerned about the economy.
While some industries can get from the tariffs, it is difficult to break the navigation disruption. My companion Shawn Shawn Tully looks at the impact that trading wars can do in the US economy. First, he checks President Trump focus on lack of trade and talking to many economist notesLike John Cochrane by Stanford, arguing “not clearly why a trade problem is in the first place, because countries replace the dollars we bring them back to the US”
Second, the tully focuses on Some basic facts about tariffs. They are a tax-made tax on most US consumers, it is likely to hurt them to grow and increase unemployment, they cannot prevent trade in protection.
I was excited to tell the Minister of Transportation in Canada and Internal Trade Chrystia Freystia, who was also served as Deputy Prime Minister and Financial Minister. He will join us wealthSicin of CEO in New York, where we can chat with former Secretary Elaine Chao and former Commerce Secretary Wilbur Ross. Sure is a living discussion, with tariffs and trade some menu.
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Contact CEO Daily Via Diane Brady at Diane.by@fortune.com
This story originally shown Fortune.com