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President Bullard Speaks with CNBC, Part 4: Trade

August 6, 2018

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In London, St. Louis Fed President James Bullard shared his views on the U.S. labor market, the yield curve, trade and the impact of higher oil prices on the U.S. economy. He spoke Aug. 6 during an interview on CNBC’s Squawk Box Europe.

Bullard said other countries could respond to the imposition of tariffs by the U.S. by lowering or eliminating tariffs, but they aren’t because they are protecting their own industries. He said the end state is a global debate on trade and to ultimately get to very few or no barriers to trade.