11 Nov 2016
Trump: What it means for likely US fiscal, tax, monetary and trade policy? - NAB
Research Team at NAB, suggests that the global financial markets had not priced-in a Trump victory in the US Presidential election and are now working through what it means for likely US fiscal, tax, monetary and trade policy.
Key Quotes
“We are still assessing the quantum and timing of such aspects of Mr Trump’s pre-election policy as business and personal tax cuts as well as increased infrastructure spending. We are reviewing how suggested trade measures such as moves against “unfair” Chinese trade and the re-negotiation of existing free trade deals will proceed. The next few weeks should hopefully deliver more clarity on these measures.”