Quote of the Day: Market-Friendly Stuff
While commentary from Washington has been the definition of volatile/uncertain of late, some of the latest is market-friendly stuff:
President Trump told lawmakers he is considering rejoining the Trans-Pacific Partnership, the free-trade deal he withdrew from shortly after taking office, as he expressed confidence the U.S. is headed toward resolving trade conflicts without economic disruption. A week after escalating tensions with his threat to impose tariffs on an additional $100 billion in Chinese products, Trump said the two countries ultimately may end up levying no new tariffs on each other.
Bloomberg Economics Daily Brief
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