Trump Disagrees, Climate Challenge, Lowe’s Burden: Eco Day

(Bloomberg) -- Welcome to Tuesday, Asia. Here’s the latest news and analysis from Bloomberg Economics to help get your day started:

• President Donald Trump asked his treasury secretary why the administration asked a Chinese trade delegation to cancel plans to visit U.S. farms, indicating that he disagreed with the decision
• Four years after Bank of England Governor Mark Carney delivered a landmark speech on climate change, most major central banks are joining forces to promote sustainable growth, realizing that global warming threatens economic output
• Australia’s central bank chief Philip Lowe faces another year shouldering the burden of economic stimulus as the government prioritizes a budget surplus over economic growth
• St. Louis Fed’s James Bullard said the U.S. central bank may need to ease monetary policy further to offset downside risks from trade conflicts and too-low inflation
• ECB President Mario Draghi warned that a spate of public dissent by policy makers over the European bank’s latest monetary stimulus could hurt the euro-area economy
• South Korea’s export-oriented economy could face further damage amid global trade battles, Bloomberg Economics’ Justin Jimenez writes

To contact the reporter on this story: Jiyeun Lee in Hong Kong at jlee1029@bloomberg.net

To contact the editors responsible for this story: Malcolm Scott at mscott23@bloomberg.net, Michael S. Arnold

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