Trump Attack, Bad Cop Navarro, Green Factory Shoots: Eco Day

(Bloomberg) --

Welcome to Monday, Americas. Here’s the latest news and analysis from Bloomberg Economics to help get your week started:

• President Donald Trump is reinstating tariffs on steel and aluminum from Argentina and Brazil, nations he criticized for cheapening their currencies to the detriment of U.S. farmers, and again called on the Federal Reserve to loosen monetary policy
  • The self-described “bad cop” of Trump administration’s economic policy wants to shake up the World Trade Organization
  • In the coming weeks no single policy maker is going to have a bigger hand in shaping the future of the global economy and its governance than Trump’s trade czar
• Global manufacturing is looking a little brighter heading into the end of the year, with a pickup in China and Germany validating calls that global growth is stabilizing
• Chile’s social upheaval has had a bigger impact on the economy than the mega earthquake and tsunami that struck the country in 2010, devastating much of the central region
• When ECB chief Christine Lagarde is quizzed by European lawmakers today, her plans for the biggest reassessment of the institution’s mission in 16 years are likely to play a prominent role
• Don’t count on major German fiscal stimulus being the imminent outcome of the standoff in the country’s coalition government
• Zombie companies in China. Crippling student bills in America. Sky-high mortgages in Australia. Another default scare in Argentina. The solution to all these problems could be yet more debt
• Finally, here’s what the world economy has in store this week

To contact the reporter on this story: Zoe Schneeweiss in London at zschneeweiss@bloomberg.net

To contact the editors responsible for this story: Fergal O'Brien at fobrien@bloomberg.net, Lucy Meakin

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