NAB Morning Call

US consumer happy even as clock ticks on so many deals


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Wednesday 29th August 2018
US consumer confidence is the highest its been in 18 years, even as the US trade deficit worsens, largely through weaker agriculture exports. Phil Dobbie talks to NAB’s Rodrigo Catril about the trust in the Presidency to deliver, as trade talks progress with Mexico. But what about China and Europe? Could the $200 billion worth of extra tariffs on Chinese imports happen by default? Meanwhile Theresa May said this morning, ‘no deal is better than a bad deal’ – is it becoming the most likely outcome?
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NAB Morning CallBy Phil Dobbie

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