2018-01-15 07:35:00 Mon ET
technology antitrust competition bilateral trade free trade fair trade trade agreement trade surplus trade deficit multilateralism neoliberalism world trade organization regulation public utility current account compliance
Treasury Secretary Steven Mnuchin welcomes a weak U.S. dollar amid pervasive fears of an open trade war between America and China. At the World Economic Forum, Mnuchin now praises the steady greenback devaluation that helps promote competitive U.S. export prices. This praise adds noise to the status quo as Trump seeks to withdraw from the North American free trade agreement, the Paris climate change accord, and the Trans-Pacific Partnership. Canadian, French, and Indian prime ministers accuse the Trump administration of unfair protectionism that trade deficits beget tariffs, quotas, and even embargoes.
Trumpism prevails in the face of international reprehension when the weaker dollar reaches a 3-year trough and gold prices rise to the highest level in about 2 years. Throughout the Reagan, Clinton, Bush, and Obama administrations, we associate each sharp greenback depreciation with key fiscal stimulus, export expansion, and subsequent interest rate hike. In order to resolve the twin deficit problem (i.e. both fiscal deficit and trade deficit), the Federal Reserve needs to raise the interest rate further to attract capital flows from abroad.
It is important for the Trump team to attract foreign investors to buy Treasury bonds to finance the perennial U.S. fiscal debt and deficit. Key exchange rate stabilization remains a hot pursuit for both U.S. policymakers and regulators to serve in the best interests of American workers and investors.
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.
2020-10-27 07:43:00 Tuesday ET

Most agile lean enterprises often choose to cut costs strategically to make their respective business models fit for growth. Vinay Couto, John Plansky,
2019-10-03 17:39:00 Thursday ET

President Trump indicates that he would consider an interim Sino-American trade deal in lieu of a full trade agreement. The Trump administration defers high
2017-09-13 10:35:00 Wednesday ET

CNBC reports the Top 5 features of Apple's iPhone X. This new product release can be the rising tide that lifts all boats in Apple's upstream value
2019-03-07 12:39:00 Thursday ET

A physicist derives a mathematical formula that success equates the product of both personal quality and the potential value of a random idea. As a Northeas
2022-03-15 10:32:00 Tuesday ET

Capital structure theory and practice The genesis of modern capital structure theory traces back to the seminal work of Modigliani and Miller (1958
2019-09-19 15:30:00 Thursday ET

U.S. yield curve inversion can be a sign but not a root cause of the next economic recession. Treasury yield curve inversion helps predict each of the U.S.