sally bundock has been speaking to former imf economist kenneth rogoff in davos and asked how optimisticis about phase 2 of the trade agreement. his trade deals are mostly bad stopping most of what he has done to trade is disrupt the global economy. he talked about how much the us was collecting in tariffs, every study says that the us consumers are paying for it. things are going better now, if you are beating your head against the wall and you stop it's better. his trade policy is one of the worst aspect of his economic policy, but politically, he seems to think it's a winner. at the start of the imf has downgraded forecast for this year and next yearjust slightly. what is your outlook? i'd tend to believe that in global forecasting, when the thing you are focusing on is political, things aren't so bad, i'd worry about china slowing down dramatically, a worry about emerging markets who piled up, what happens when things slow down? given economic cycles as it were in terms of global growth, we have been chugging away for quite some time now. economist such as yourself would say things w