‘Don’t be so smug’ on Trump tariffs, Stephen Roach warns in Hong Kong
HONG KONG — Prominent economist Stephen Roach has warned against underestimating U.S. President-elect Donald Trump’s campaign promise to slap heavy trade tariffs on China and the rest of the world. “There is a great conviction that the world economy is in perfect shape right now, but here I tell you that is overly optimistic,” Roach,…