In this edition of the Debunking Economics podcast we test Donald Trump’s accusations that China, Japan and Germany are manipulating their currencies – something he hates, of course, because it makes it harder for him to achieve his aim, of returning the US to a positive balance of trade. It’s a big undertaking. Is he right that these countries have an unfair advantage over the US and, if so, will a tariff barrier really rectify the problem, or just start a trade war?
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Turn around on trade war but downturn in Germany
The markets reversed their position on optimism over US China trade talks, but NAB’s Tapas Strickland wonders what’s really changed?
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Will Boris deliver?
Boris Johnson has promised the world to his new supporters, but will he deliver? The numbers say it all.
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China’s slow rebound, Fed goes further
US equities are back on the rise as the Fed starts to buy corporate bonds. NAB’s Ray Attrill also looks at China’s activity data and tensions with Australia.
