Scotiabank’s Global Outlook: Second wave response key to economy rebound
October 20, 2020Scotiabank’s Global Outlook: Second wave response key to economy rebound
With world economies anxious to rebuild from the pandemic, President Trump’s renewed efforts to stir trade tensions may harm the U.S. and global recovery.
Jean-François Perrault, Scotiabank’s Chief Economist, recounts how the President’s efforts to reduce the U.S. trade deficit through tough talk with key nations created volatility in recent years. The return of trade conflict with China, Canada and Europe suggests that 2021 could see unpredictable markets and growth.
Download article featured in Official Monetary and Financial Institutions Forum's (OMFIF) latest edition of OMFIF Autumn 2020 Bulletin.