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Re: A Users Guide to Restructuring the Global Trading System

By: De_Composed in GRITZ | Recommend this post (0)
Sat, 01 Mar 25 5:54 PM | 18 view(s)
Boardmark this board | Grits Breakfast of Champeens! 		Msg. 04836 of 05086
(This msg. is a reply to 04835 by fizzy)
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fizzy:

Re: “Tariffs provide revenue, and if offset by currency adjustments, present minimal inflationary or otherwise adverse side effects”Tariffs SHOULD have a price inflationary side effect in nations like ours that are heavily dependent on foreign products. They should also encourage domestic production in the U.S. Maybe manufacturing will return! That would have a deflationary effect. While we can't compete with Chinese and Indian labor costs, we can compete rather well with countries against which we've set tariffs to offset their labor advantage.

On the other hand, I would expect most countries to retaliate if we implement tariffs against them. Nations like Brazil and Canada that, due to their abundant natural resources, carry a trade surplus with the U.S., probably can't do this effectively. But some can.







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The above is a reply to the following message:
A Users Guide to Restructuring the Global Trading System
By: fizzy in GRITZ
Sat, 01 Mar 25 5:34 PM 		Msg. 04835 of 05086

http://www.hudsonbaycapital.com/documents/FG/hudsonbay/research/638199_A_Users_Guide_to_Restructuring_the_Global_Trading_System.pdf

"Chapter 6: Conclusion
The next Trump term presents potential for sweeping change in the international economic system and possible
accompanying volatility. It is important for investors to understand the tools that might be employed for such
purposes, as well as the means by which government may attempt to avoid unwelcome consequences. This essay
attempts to provide a user’s guide: a survey of some tools, their economic and market consequences, and steps
that can be taken to mitigate unwanted side effects.

Wall Street consensus that an Administration has no means by which to affect the foreign exchange value of thedollar, should it desire to do so, is wrong."

Hmm. Who is the author?
http://en.wikipedia.org/wiki/Howard_Lutnick

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