First published: Prospectmagazine.co.uk, 24/01/2017
What a Trump presidency could mean for infrastructure, taxes, and trade
Speculation about the economic policies of a Trump Administration has been “hot” in financial markets since the end of last year, but for most folk the serious discussion starts now that the president is in the White House. Well it would, if Steven Mnuchin, his nominee for Treasury Secretary, had been confirmed.
Or Mick Mulvaney, his nominee for Budget Director. Or a slew of other nominees for posts at the Departments of Transportation, Energy, Housing, Health, Labour, Commerce and Trade among others. Most, if not all, though, will gradually slot into place and before long, the new US government will articulate a plan for the economy which will have to fuse with plans originating in both Houses of Congress. But we can already reflect on what so-called Trumponomics is going to look like—especially given that Trump yesterday pulled the US from the Trans-Pacific Partnership…..Read more:
