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Trade Wars, Tax Cuts, the Trump Administration, and US Banks

Trade Wars, Tax Cuts, the Trump Administration, and US Banks

Trump administration is sticking to its mandate of pushing domestic manufacturing through fair play with parity of customs across countries. Emerging markets, especially China, has import customs duty on the majority of the items in a bid to push local produce in and outside the country. President Trump has indicated on multiple fronts and is seeking stern measures on either bringing customs to imported goods or pushing counterparts to reduce their respective duties on American exports.