China's President Xi Jinping aims for a 'powerful currency' to enhance global trade, but Donald Trump's return to the White House poses significant challenges. Trump's proposed import tariffs are expected to impact currencies across Asia, especially the Chinese yuan. The prospect of major shifts in U.S. foreign policy under Trump's 'America First' principles is causing jitters in Asian financial markets. Economists and investors are preparing for increased market volatility and uncertainty, particularly in emerging economies. Trump's unpredictable policies on trade, tax, and immigration are leading to revised economic models and forecasts. Despite a temporary decline in market volatility, long-term risks and uncertainties remain high. Trump's second term, following his victory on November 5, will officially begin in January.
Anyone hoping in an isolationist turn from Trump is likely to be disappointed. His foreign policy picks are a horror show of neocons and war hawks. What does this mean for the future of US foreign policy — and of the MAGA movement? My latest: https://t.co/xj2R6gdxNa
Economists' jobs have gotten a whole lot more unpredictable as Donald Trump's campaign pitch and the appointments he’s made since sweeping the Nov. 5 U.S. election suggest upheaval for trade, tax, immigration and just about every other policy area. https://t.co/Ee7qc5QgOl
President-elect Donald Trump's incoming administration is already affecting the globe economically and geopolitically, as countries and their business leaders prep for change. https://t.co/pUERM0QJ88