President Donald Trump delivers his first state-of-the-union address.

Daphne Basel

2018-01-29 07:38:00 Mon ET

President Donald Trump delivers his first state-of-the-union address. Several key highlights touch on economic issues from fiscal stimulus and trade protectionism to infrastructure, immigration, and social security. The hefty Trump tax cuts provide tremendous relief for the middle-class Americans and small businesses. About 3 million American workers receive tax incentives primarily due to this legislative win for the Trump administration and Republican-driven Congress.

When the U.S. Trade Act Section 301 investigation concludes in due course, the Trump administration expects to escalate tariffs, quotas, and even embargoes on Chinese imports. These tariffs and other trade barriers effectively penalize China for perennial patent, trademark, and copyright infringement and other intellectual property theft. This trade protectionism helps eradicate hefty U.S. trade deficits to the detriment of China and western allies such as Canada, Europe, and Mexico.

Trump now urges Congress to pass fresh legislation to replenish $1.5 trillion U.S. modern infrastructure with new roads, bridges, highways, railways, and waterways. Also, the Trump administration designs new immigration policies with better border control to circumvent drugs, gangs, and other criminal activities that plaque many U.S. immigrant communities.

Finally, President Trump now considers foreign investment restrictions in defense of national security from LTE broadband technology to 5G telecommunication. All these economic reforms help ensure sustainable economic prosperity in America.

 


If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.

Blog+More

Fed Chair Janet Yellen confirms with her successor Jerome Powell the final interest rate hike in December 2017.

Joseph Corr

2017-12-14 12:41:00 Thursday ET

Fed Chair Janet Yellen confirms with her successor Jerome Powell the final interest rate hike in December 2017.

Federal Reserve raises the interest rate by 25 basis points to the target range of 1.25% to 1.5% as FOMC members revise up their GDP estimate from 2% to 2.5

+See More

Fed Chair Jerome Powell answers CBS News 60 Minutes questions about the recent U.S. economic outlook.

Dan Rochefort

2019-03-29 12:28:00 Friday ET

Fed Chair Jerome Powell answers CBS News 60 Minutes questions about the recent U.S. economic outlook.

Federal Reserve Chair Jerome Powell answers CBS News 60 Minutes questions about the recent U.S. economic outlook and interest rate cycle. Powell views the c

+See More

What are the mainstream technological advances in the global auto industry?

Chanel Holden

2024-04-30 09:30:00 Tuesday ET

What are the mainstream technological advances in the global auto industry?

With clean and green energy resources and electric vehicles, the global auto industry now navigates at a newer and faster pace. Both BYD and Tesla have

+See More

The Trump administration initiates a new investigation into China's abuse of American intellectual property.

Olivia London

2017-08-31 09:36:00 Thursday ET

The Trump administration initiates a new investigation into China's abuse of American intellectual property.

The Trump administration has initiated a new investigation into China's abuse of American intellectual property under Section 301 of the Trade Act of 19

+See More

Former LSE Director Howard Davies shares his ingenious insights into the new Basel 4 accord.

Chanel Holden

2018-01-01 06:30:00 Monday ET

Former LSE Director Howard Davies shares his ingenious insights into the new Basel 4 accord.

As former chairman of the British Financial Services Authority and former director of the London School of Economics, Howard Davies shares his ingenious ins

+See More

Trump advisor Gary Cohn aims for tax neutrality over the next decade.

Charlene Vos

2017-02-25 06:44:00 Saturday ET

Trump advisor Gary Cohn aims for tax neutrality over the next decade.

As the White House economic director, Gary Cohn suggests that the Trump administration will tackle tax cuts after the administration *repeals and replaces*

+See More