Faculty Fellow Jeff Bergstrand (finance and economics) was quoted in a Bloomberg article about President Trump's shifting focus from the stock market to the border wall as a result of the poor state of the current markets.  Bergstand said Trump’s trade war with China is widely believed to be a significant contributor to investors’ concerns about the economy.

“This is really initiated by his administration and his advisers on the trade policy side,” said Bergstrand, a former economist at the Federal Reserve Bank of Boston. “There’s no question he has responsibility for it.”

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