Trump’s Nobel dreams meet economic reality

Receiving a cold call can be disarming, especially when it’s from the U.S. President Donald Trump, as Norway’s finance minister experienced on the streets of Oslo. The request was for Trump to be nominated for a Nobel Peace Prize, a desire he has been vocal about due to his efforts in brokering peace deals.

Despite his aspirations, Trump expressed doubt on social media about ever receiving the prestigious award, acknowledging that public opinion matters more to him. His impact on the economy will be scrutinized by Nobel Laureates at their annual event in Lindau, with concerns raised by economists like Joseph Stiglitz about the administration’s tariff policies.

Nobel Laureates attending the event have also expressed concerns about American politics, particularly regarding voter disillusionment and isolationism. Former Democratic rival Hillary Clinton surprisingly voiced support for Trump’s peace efforts in resolving the conflict between Ukraine and Russia.

Stay tuned for live coverage of the Nobel Laureates’ perspectives from the event in Lindau on CNBC on Wednesday and Thursday.