Trade Progress, Canada Decision, Nationalization Debate: Eco Day

(Bloomberg) --

Good morning Americas. Here’s the latest news and analysis from Bloomberg Economics to help get your day started:

• The U.S. and China are moving closer to agreeing on the amount of tariffs that would be rolled back in a phase-one trade deal despite tensions over Hong Kong and Xinjiang, people familiar with the talks said.
• Bank of Canada Governor Stephen Poloz, one of the few central bankers to resist the global push toward easier monetary policy, will probably maintain his wait-and-see approach this week
• President Jair Bolsonaro’s attempt to rewire Brazil’s economy risks short circuiting as plans to carry out major reforms start to peter out less than a year after he took office
  • Meanwhile, here’s what Argentina’s economic crisis means for policy
• Britain’s upcoming election has revived a political and economic debate that many considered to have been won decades ago -- whether nationalization works
• Emmanuel Macron began his presidency in 2017 pledging to send shock waves through the French economy by making labor cheaper, more flexible and better skilled
• Finally, a look at how a free-tuition experiment is exposing risks for low-income students

To contact the reporter on this story: David Goodman in London at dgoodman28@bloomberg.net

To contact the editors responsible for this story: Paul Gordon at pgordon6@bloomberg.net, Zoe Schneeweiss

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