文章预览
seven mojar policy themes Fitch has identified seven major policy themes that could be the most impactful to credit in the event of a change election where Donald Trump wins the White House. Probability of Major Policy Action : HIGH Main Potential Feedthroughs Supply chain interruptions Inflationary effects Margin squeeze on importers Emerging market currency volatility (especially for close trade partners) Fiscal effects from subsidies/incentives Lower rates as central banks respond to inflationary effects Lower economic growth especially in the US, China, Canada and Mexico Policies to Watch Blanket and targeted tariffs Subsidies and incentives to promote re-shoring Renegotiation of key free trade agreements, especially USMCA, USJTA Technology transfer restrictions Increased scrutiny on cross-border acqusitions of US firms Sectors Potentially Affected POSTIVITE Some US-based manufacturers dependent on sector and position in value chain. Industrial benefi
………………………………
