Trump’s trade moves

Listen 48:57
Corn grows in front of a barn carrying a large Trump sign in rural Ashland, Neb., Tuesday, July 24, 2018. The Trump administration announced Tuesday it will provide $12 billion in emergency relief to ease the pain of American farmers slammed by President Donald Trump's escalating trade disputes with China and other countries. (AP Photo/Nati Harnik)

Corn grows in front of a barn carrying a large Trump sign in rural Ashland, Neb., Tuesday, July 24, 2018. The Trump administration announced Tuesday it will provide $12 billion in emergency relief to ease the pain of American farmers slammed by President Donald Trump's escalating trade disputes with China and other countries. (AP Photo/Nati Harnik)

Guests: Mark Zandi, Mary Lovely

If you look at the US economy one way there are lots of positive signs. There is a historically low unemployment rate, solid growth, a booming stock market, and a sense of optimism among businesses about the future. But if you look at it another way, there’s trouble on the horizon, partially because of a growing trade war with tariffs on steel and aluminum and other key imports and exports. The fight over immigration and the divide between rich and poor have also put a strain on the country’s economic health. Today on the show, we’ll assess the strengths, weaknesses and future of the US economy with MARK ZANDI, chief economist of Moody’s Analytics, and MARY LOVELY, professor of Economics at Syracuse and nonresident senior fellow at the Peterson Institute for International Economics.

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