(Source: CNBC, June 18, 2019)
NEW YORK — President Donald Trump has the right goal in mind to settle ongoing trade issues with China, but his approach could have far-reaching consequences on the U.S. economy, Union Pacific CEO Lance Fritz told CNBC Tuesday. It’s time to hold the Beijing’s feet to the fire and push them to honor international trade standards of the World Trade Organization, yet tariffs on billions of dollars of imports from the country are hurting local economies, he added.
Full story: CNBC