In spite of a recent poll showing waning support in Trump's handling of the economy and other evidence that Trump could face a tough path to reelection, the CFOs think that the president will remain in office.
with at least four Democratic contenders, including the top three candidates: former Vice President Joe Biden, Senator Elizabeth Warren and Senator Bernie Sanders.
Though the survey did not link CFO thoughts on if the U.S. will enter into a recession before the general election to their views on the president's reelection, but 65 percent said they didn't think the U.S. would experience a recession next year. Recent economic data has been accompanied by fear of recession and generated a flurry of analyst warnings that the possibility of a recession is increasing.
Ahead of trade talks set to take place next month, both sides have extended concessions. China said earlier this week that it would exempt 16 types U.S. products from its list of retaliatory tariffs for a year. Trump subsequently announced he would delay tariffs scheduled for October 1 by two weeks.
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