Reported 16 days ago
In a recent discussion on Yahoo Finance's 'Stocks In Translation,' RSM chief economist Joe Brusuelas highlighted the contradictions in Donald Trump's economic strategy as he returns to the White House. While Trump aims to reduce the deficit by lowering taxes and increasing government spending, this approach could ironically lead to larger trade deficits and debt, as a stronger dollar from increased disposable income may attract more imports. Brusuelas notes that this internal conflict at the core of Trump's economic populism may create significant challenges moving forward.
Source: YAHOO