World leaders have come to Utah to discuss trade. What do they have to say about President Trumpâs tariffs?
Â
The Crossroads of the World International Trade Summit, a two-day event sponsored by Zions Bank and World Trade Center Utah, is hosting âworld leaders and top business minds to discuss the uncertainties, trends, and opportunities surrounding international business.â
Â
Art Raymond reports that former Secretary of State Mike Pompeo said Trump may have overreached in his initial rounds of international trade decrees. However, Pompeo hopes the president will come to a more balanced policy position.
Â
â(President Trump) recognizes that itâs absolutely imperative that when we rebalance this we donât crush things,â Pompeo said. âHe may have gotten it wrong in the front end or at least he was coming out of the gate with the most aggressive posture. I think youâll see the secretary of treasury begin to try to put these rules in place that really do deliver the right outcome.â
Â
Read more about what Utah business operators say about how ongoing trade policy uncertainty is affecting their companies.