Trump wrote a book. Every leader who isn’t a moron will read his book(s). Trump will have to work to stay a move ahead.
Nice to hear sage comments from a seasoned and intelligent investor like Mark Mobius for a change rather than the breathless babble from empty headed “experts on everything” that are pushed on us everyday.
Its amazing that Americans hear and believe so much from people who know so little. Yahoo is as left wing as it gets so its surprising to see it report something objective. The editorial screeners must have been sleeping last night.
I agree. Perhaps the threat of tariffs was a warning shot, a negotiating ploy, more than anything else. Ditto the proposal to renegotiate the debt service. Focussing their minds in a way that only a good negotiator can.
We do need to fight back, and there are so many ways to do so. Tariffs should be a last resort, or perhaps a limited one, IMHO.
As to bringing jobs home, I think Trump's tax plan, the reduction in corporate tax, the one-time 10% incentive to bring overseas profits home, combined with the removal of some egregious regulations, will stunt the exodus of jobs, if not bring many of them back home, and unlike tariffs, won't ask the consumer to pay for it.
The THREAT of tariffs gives you the leverage to negotiate.
As if we aint already in a trade war. We are losing.
Therein lies the issue. People like Mobius are only guessing what Trump will do.
“have raised concerns that we could end up in an all out trade war between the US and China. “
We are in one already