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James McCormack

James McCormack

James McCormack is a former managing director and global head of the Sovereign & Supranational Group at Fitch Ratings, a role he held for over a decade. Previously, James worked on sovereign credit issues at the Bank of Canada and Goldman Sachs. He holds bachelor’s and master’s degrees in economics from York University and the University of Toronto.

Compared with imposing retaliatory tariffs, selling bonds has less impact on growth. Nations subject to tariffs shouldn’t fund the US fiscal deficit.

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