The United States has simply overcome a sudden spike in inflation, which can have price Kamala Harris her presidential bid. But now President-elect Donald Trump’s political agenda threatens to result in one other. This is what Larry Summers, former US Treasury Secretary and president emeritus of Harvard University, claims. He speaks to the FT’s Martin Wolf – who’s filling in for Soumaya Keynes whereas she is on maternity depart – in regards to the dangers to financial stability posed by Trump’s proposed tax cuts, commerce tariffs and mass expulsion of unlawful immigrants, in addition to his threats to the rule of legislation.
Martin Wolf is the Financial Times’ chief financial commentator. You can discover his column right here
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