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  • Trump’s Border Tax Threat May Weaponize the Dollar

    From bloomberg.com

    Is fiscal war the new currency war? President-elect Donald Trump’s threat to impose a “major” border tax on U.S. manufacturers that make products abroad to sell in the U.S. could fuel the next leg in the post-election dollar rally, some analysts reckon. In his first post-election press conference, Trump doubled down on his proposal to impose policies aimed at boosting onshore production of U.S. goods and services through penalties on imports. “There will be a major border tax on these companies that are leaving and getting away with murder,” Trump said on Wednesday, without elaborating. “You’ve got a ... (full story)

20% rise is more realistic. To compound the insult to injury to emerging economies is the added prospects of increased interest rates by the FED. This has more to do with US companies doing the double shaft while selling out their own country at the same time, and this is where the President Elect ire is focused on.
I want to be a Jedi Warrior like my father and his father before him!
This kind of protectionist spiel is anathema to the Tea Party.

You are not going to make US businesses more globally competitive by forcing them to produce in the USA. By corollary, the argument is that all other countries should adopt the same approach and obstruct importing (and therefore exporting).

For a political spin let's just make China free again, and make that a platform for a great world, including USA which seems to be rapidly heading for recession, by shooting itself in the foot.
Exactly the same tax will impose all countries around the world for USA products.
Indicators always obey Price, not the other way.
  •  Guest
  • | IP XXX.XX.77.112
It'll kill WalMart.The majority of their products come from China.
Quoting Guest
It'll kill WalMart.The majority of their products come from China.
Nonsense, Walmart will just switch vendors. Prices go up. Rising US income will compensate.
Quoting kenleander
Nonsense, Walmart will just switch vendors. Prices go up. Rising US income will compensate.
Good one.

So prices go 15% up...
Income 0.3% up.....

Am i missing something
Beware of robber banks (RB), bad advisors.
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  •  Guest
  • | IP XX.XX.14.89
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  • Story Stats
  • Posted: Jan 11, 2017 7:30pm
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 6  /  Views: 3,243