Will Donald Trump’s Trade Policies Cause Bitcoin to Soar?
At the 2016 Republican Convention, Donald Trump proclaimed that he was going to disentangle the U.S. from bad trade agreements. He confirmed his anti-globalism position when he said, “Americanism, not globalism will be our credo.” Furthermore, in an interview, he said that he might pull the U.S. back from its NATO commitments. Thus, some theorize, the....
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The only asset to thrive in the aftermath of Trump’s win was Bitcoin, strengthening its status as the modern day safe haven. Donald Trump is definitely one of the most controversial and polarizing figures of our times. So much so, that his win in the elections had led to an air of uncertainty in the world economy causing it to stumble as a result. The only asset to thrive in the aftermath of Trump’s win was Bitcoin, strengthening its status as the modern day safe haven. January 20th 2017, marked the day of Donald J. Trump’s inauguration as the 45th president of the United States of....
Last week, President Donald Trump signed an executive order to build a wall along the U.S.–Mexico border as he had promised during his presidential election campaign. Aside from the ethical and practical issues of building the border wall, the issue of how it will be financed was also raised by opponents during his campaign. Trump’s proposed solution to funding the wall is either to heavily tax U.S.–Mexico remittances or to fully prohibit them altogether, so that the funds needed to build the wall will stay in the U.S. According to the World Bank, U.S.–based Mexican immigrants send around....
At the same time, one has to wonder if Trump can deliver on his promise to "Make America Great Again". The impending inauguration of Donald Trump will send shockwaves through the global financial sector. Some experts feel gold prices will soar, depending what Trump says during his speech. At the same time, Bitcoin’s value could go up by quite a margin as well. Safe-haven assets will be in high demand moving forward, that much seems to be a foregone conclusion. Trump’s inauguration is getting a lot of media attention right now. With just a few days until this event happens, the....
US President-elect Donald Trump is, with the counsel of his transition team, in the process of putting together a list of individuals to form the incoming president’s cabinet and other prominent officials at the head of federal agencies. JPMorgan CEO Jamie Dimon is reportedly being considered for the job, a man who was once referred to Donald Trump as “the worst banker in the United States.” According to Reuters and CNBC sources, Trump’s advisors have suggested Jamie Dimon for the position of the country’s treasury secretary. One member of Trump’s transition team reportedly contacted Dimon....
Donald Trump will confirm his intention to halt further financial regulation in the US until “significant growth” occurs. Trump Slams ‘Record-Breaking Pace’. In his forthcoming economic speech in Detroit later today, the Republican nominee will criticize the Obama administration’s “record-breaking pace of new regulations, tax increases, restrictions on....