Trumponomics: Make US companies more profitable again

  • 📰 FXStreetNews
  • ⏱ Reading Time:
  • 24 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 72%

US Elections News

Unitedstates,Banks,Fiscalpolicy

The goal of a restrictive US trade policy is to reduce the US current account deficit.

That seems to me to be the sense of the tariff threats in economist terms. The incoming administration seems to want to do everything to make US companies more profitable: low corporate taxation, the lifting of environmental and consumer protection rules, etc. can probably be subsumed under this heading. In addition, US fiscal policy is likely to become much more expansionary, Commerzbank’s Head of FX Research Ulrich Leuchtmann notes.

The reported statistics do not reflect this truism, but only because official statistics cannot capture all transactions.” “The combination of a business-friendly US economic policy, an expansive US fiscal policy and a restrictive Fed monetary policy leads to USD strength and thus in such a situation capital flows increasingly into the USA and the strong dollar worsens the price competitiveness of the US economy) to higher deficits in the US current account.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 14. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Breitbart Business Digest: Trump Won the Presidency and a Mandate for TrumponomicsSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »

Breitbart Business Digest: How Trumponomics Can Reduce InflationSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »

Ballard business owners demand change as repeated burglaries cost thousandsA break-in again, and again, and again, in the last few years thieves have hit Matt Humphrey's store 4 times and tried to get in another 3 times.
Source: komonews - 🏆 272. / 63 Read more »