Sunday, June 9: Economist Jack Rasmus on Trump's Trade Wars
Trump’s Trade Wars and Impending Recessions, U.S. and Global
On Sunday, June 9, PASMC will take up a war of a different kind: a trade war, such as what the U.S. has begun with China, and which could spread to other parts of the world with challenging economic implications.
Donald Trump’s assertion that “trade wars are easy to win” is looking more and more like a distortion of truth, or at least perspective. With stock and other financial markets dropping and prices of materials from China increasing, the U.S. economy faces uncertainty even as unemployment figures look favorable on the surface.
What is going on with U.S./China trade negotiations, and what will be the outcome?
On June 9 Economist Dr. Jack Rasmus will give a talk explaining Trump’s two-track trade war and U.S. trade policy spanning from August 2017 to the present.
Dr. Rasmus will discuss why Trump’s real trade war is with China and why negotiations have broken down. He will also detail how neo-conservatives have captured our country’s trade policy – and our foreign policy in general. And he will forecast what this trade war means for the approaching U.S. and global recession predicted within the next 6 to 12 months.
The June 9 event will begin at 7 PM at the Unitarian Universalists of San Mateo, 300 E. Santa Inez Avenue in San Mateo. Admission is free, contributions are welcome. The UUSM is wheelchair accessible.
Dr. Jack Rasmus is author of the forthcoming 2019 book, “The Scourge of Neoliberalism: U.S. Policy from Reagan to Trump” (Clarity Press, September 2019), and has just published “Alexander Hamilton and the Origins of the Fed” (Lexington Books, March 2019), and “Central Bankers at the End of Their Ropes: Monetary Policy and the Coming Depression” (Clarity Press, August 2017).
Dr. Rasmus hosts the weekly radio show Alternative Visions on the Progressive Radio Network, and blogs at www.jackrasmus.com. His website is http://kyklosproductions.com and his twitter handle is @drjackrasmus.
We look forward to a unique view of the current administration’s handling trade, and what lies ahead.