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Donald Trump: Why the dollar torpedered his customs duties

Donald Trump: Why the dollar torpedered his customs duties

US President Trump will put political wishes with punitive colleks. Undetermined side effect: the dollar attracts strongly – and made important cheaper. Investors were recently able to profit from this

It was noticeable how calm Frankfurt’s top banker looked at the new year in November. Donald Trump was fresh and a enormous uncertainty factor with him, especially for Europe. But in the Frankfurt banking towers, the managers saw above all the opportunities: deregulation, Belrocracy cuts, investment offices all that dignity of the USWIRT SEBE-Sebee-Guttun. And Europe? I have a hard time anyway, whether with or anyway Trump. Was not a grinding problem for Europe, since war man agree, individual punitive tariffs would warm as in Trump’s first term. And above all that has one reason: the dollar.