CNBC Closing Bell on Why Trump's $200 billion in new China tariffs are a Bad Idea

September 14, 2018

Click here for a link to a 9/14 spot I did on CNBC Closing Bell to discuss the impact of $200 billion in new US tariffs on Chinese goods in light of the declining value of the RMB.

I argue here that it is rising US interest rates and a falling RMB that are putting pressure on Chinese companies by increasing the burden of dollar-denominated debt they issued during the US zero interest rate period.

Dr. John