Report
Patrick Artus

In reality, the United States is trying to conduct a mercantilist policy

Donald Trump’s economic policy decisions can be interpreted as resulting from a desire to conduct a mercantilist policy in the United States: The United States is trying (with the threat of tariffs) to get other countries to buy more US products; This leads it to oppose climate agreements, because it increasingly exports natural gas and fuel; Trump is trying to get the Federal Reserve to cut interest rates, with a view to weakening the dollar, and is threatening other countries with sanctions for manipulating their currencies. Recall that mercantilism is a growth strategy based on obtaining external surpluses with other countries with the help of a depreciation of the exchange rate.
Provider
Natixis
Natixis

Based across the world’s leading financial centers, Natixis CIB Research offers an integrated view of the markets. The team provides support to inform Natixis clients’ investment and hedging decisions across all asset classes.

 

Analysts
Patrick Artus

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