Roubini Expects Trade War With China to Escalate

Nouriel Roubini, chief executive officer of Roubini Macro Associates, expects President Donald Trump's trade war to escalate with China and the market will keep going lower and lower. He says Trump, China's Xi Jinping and Federal Reserve Chair Jerome Powell are all playing a dangerous game of chicken. Roubini is on "Bloomberg Surveillance."
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[ancil]

"I think he's delusional" is probably the most accurate assessment I've heard since April 2.

[raylamberton]

Now you know how his Casino went into bankruptcy

[wenpai]

Has Trump come back from golfing in Florida ?

[mercedescl]

the USA is never more vulnerable than ever before. It is diplomatically much more isolated than ever before. Financially, it is on borrowed time with multiple sections need bailout soon. In manufacturing size, China has 5 to 10 times more capabilities to replace any losses in civil or military hardwares. For China, why bother to negotiate with a guy who can't even kept his own deal with two neighbors?

[oreoandoz]

analysts talking like Trump understands the rules of this game - total sh!te - he does not - so you can throw the rules out, guys - Trump doesn't know the word "put"

[gezhang-nuvv]

The world should be tired of America's insatiable greed. As the richest country in the world, the United States always wants to further squeeze other countries. Blaming other countries for their own unequal distribution

[DerraKormino]

History is repeating:
- pandemic
- inflation crisis
- trade war
- global economic crisis
- fascists

Do we now have to do this every century and which stock can I invest in I’m tired of losing?

[fpking-ub]

Exactly! The problem of the US is not unfair trade. It's unfair distribution of wealth!

[chukkler]

Years from now, our kids will be studying about the Global Trump Depression courtesy of the MAGA idiots. God help us.

[RWROW]

The more Trump erodes retirement savings, the more any threats to Social Security and Medicare will destroy him.

[bobreality]

Donald J Trump- the most highly anticipated obituary in the history of mankind. The entire world would rejoice!!

[fgsdfgsgfd]

raise prices 50-100%
magats: please fed lower rates by 0.25

[jacintochua]

Speculations and guesses. No calls were msde between China and US. There hasn't been any call.

[viviancarolgioao]

The trade war causes stock market volatility as tariffs raise costs for businesses, particularly in manufacturing and tech. This uncertainty can reduce profits and lead to fluctuating stock prices, making investors cautious.

[BobGrubel]

crash like 1930's and watch the 8 to 10% inflation in July... and doing deals doesn't bring back his golden era to US

[tennisblood]

The only thing I've got from his heavy accent is that someone better blink or the whole world goes into a depression!!!

[asimplelife]

This guy knows what he is talking about!

[zettaiengineer]

Since tariffs work so well, why limit them to national borders? Interstate surcharges could be applied to Alaska & Texas oil, California produce, Kansas wheat, Iowa corn, or Washington DC flatulence. Hell, every taxation jurisdiction - states, counties, cities could join in the abuse of the gold egg laying goose. I think I'm going to slap a household tariff on everything that passes through the doors. I'm going to be rich as hell.

[ZimuzorOkezie-kz]

I'm getting sick and tired of these tariffs, bro. I wish Trump was in jail forever.

[James-hmon]

Donny please don’t get to the point where it’s too late to throw a BS patch on your story . Just declare victory now and get this foolish trade war over with .