
Peter Goodman: His Start-Up May Not Survive Trump’s Tariffs
A sourdough baker turned entrepreneur in North Carolina has delayed his new product as he contemplates the prospect that higher costs will doom his company.…
Thought Leader: Peter Goodman
By Leslie Shaffer (original source CNBC)
“Former U.S. Treasury Secretary Henry Paulson, who oversaw bank bailouts during the global financial crisis, has different advice for China: Let companies fail.
“They can show right now they’re very serious about dealing with inefficient state-owned enterprises as they take capacity out of the steel industry, coal industry and others by letting some failing companies fail,” Paulson, who was Treasury secretary from 2006-2009, told CNBC’s Squawk Box on the sidelines of an Institute of International Finance event organized in conjunction with the G20 meeting in Shanghai.
As Treasury secretary, Paulson oversaw a $700 billion government-funded bailout of U.S. financial institutions that were seen as “too big to fail” in the global financial crisis.”
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Peter Goodman: His Start-Up May Not Survive Trump’s Tariffs
A sourdough baker turned entrepreneur in North Carolina has delayed his new product as he contemplates the prospect that higher costs will doom his company.…
Thought Leader: Peter Goodman
Mike Pence Talks Trump Tariffs, Powell, Israel, Ukraine
Former US Vice President Mike Pence talks about President Donald Trump’s trade war and tariffs, his ongoing displeasure with Federal Reserve Chair Jerome Powell, the…
Thought Leader: Mike Pence
Tony Abbott calls for stronger action to end ‘pro-Hamas’ protests
Former prime minister Tony Abbott has called for stronger action on antisemitism in the wake of further attacks against the Jewish community, including tougher policing…
Thought Leader: Tony Abbott