InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
64,261.43
(
0.27%
)
Post# of 480985
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

fuagf

Send PM Follow Ignore
Followers 72
Posts 100763
Boards Moderated 3
Alias Born 08/01/2006

fuagf

Member Level

Re: fuagf post# 277366

Tuesday, 03/06/2018 7:13:59 PM

Tuesday, March 06, 2018 7:13:59 PM

Post# of 480985
RBA's Philip Lowe slams Donald Trump tariffs as 'highly regrettable bad policy'

Business Summit
Mar 7 2018 at 9:50 AM
Updated 9 mins ago

PHOTO
Reserve Bank of Australia governor Philip Lowe addresses the Australian
Financial Review Business Summit on Wednesday morning. Louie Douvis

Jacob Greber AFR Woodcut

by Jacob Greber

Reserve Bank of Australia governor Philip Lowe has blasted Donald Trump's tariff plan as "highly regrettable
and bad policy" and criticised the president's use of gaping budget deficits to fund company tax cuts.

In a series of hard-hitting remarks, Dr Lowe told The Australian Financial Review Business Summit that the lessons
of history are "very clear" in showing that protectionism is "very costly" for the country that implements such barriers.

More - http://www.afr.com/brand/business-summit/rbas-philip-lowe-slams-donald-trump-tariffs-as-highly-regrettable-bad-policy-20180306-h0x4cn

It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up