American Products: Tariff War and Tax Cuts

american products: Trump's tax cuts and spending hikes have indeed provided extra short-term stimulus, according to The Guardian. So, too, apparently, have foreign buyers of American products such as soybeans, who are rushing to stock up before the tariff war fully heats up. But when it comes to economic performance, the country's presidents have considerably more influence over long-term trends than over short-term fluctuations. Still, it is not easy to speed up a 20tn economy, even by running a budget deficit of nearly 1tn, as Trump's administration is doing. Is this the end of the road for the euro Hans-Werner Sinn Read more In a cantankerous political environment, it is not easy to think about the long term. In fact, short-term fluctuations in business inventories have arguably stymied growth as much as other factors have temporarily propped it up. (news.financializer.com). As reported in the news.

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