Kevin Clouden
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- Milken Institute1h 22m
A Conversation With Wilbur L. Ross, Jr., Secretary, U.S. Dept. of Commerce | Part 2: U.S. Overview
Wilbur L. Ross, Jr., Andy Serwer, Tom Hayes, Kenneth Hersh, John Hickenlooper, Steve Krouskos, Kevin Clouden, Wilbur Ross
Commerce Secretary Wilbur Ross and Colorado Governor John Hickenlooper discussed a "Goldilocks" U.S. economic expansion characterized by rising consumer confidence and accelerated reshoring alongside contentious trade negotiations. The dialogue detailed the Trump administration's strategic delays on steel tariffs with Canada, Mexico, and the EU, the justification for ZTE sanctions, and the projected $1 trillion growth of the commercial space sector. While officials defended deregulation and energy independence as drivers of prosperity, panelists also warned of potential recession triggers including rising corporate debt and a "technology Cold War" that could disrupt post-WWII institutional frameworks.