U.S. President Donald Trump has directly asked Japanese Prime Minister Shinzo Abe to buy farm products worth a ‘huge amount’, Kyodo news agency reported on Tuesday, without citing sources.
Japan and the United States have agreed to target a broad deal on bilateral trade by September, seeking to bridge differences of opinion over tariffs on beef and the automobile sector, the Nikkei business daily reported earlier this month.
https://www.cnbc.com/2019/06/18/trump-on-demoting-fed-chair-jerome-powell-lets-see-what-he-does.html https://www.economist.com/finance-and-economics/2019/06/18/donald-trump-takes-aim-at-mario-draghi-over-interest-rates
I’ve noted before that these days policy orthodoxy seems, all too often, to be derived from highly heterodox models — or to put it more clearly, perhaps, the “radicals” are people like me who basically want to apply texbook macro, while Very Serious People are seizing on all sort of odd ideas about expansionary austerity and such […]