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In an exclusive interaction with IANS, 88-year-old Mark Mobius, when asked about Donald Trump’s return as US President he says, I believe his return will be a game changer, not only for the US but for the rest of the world. The key message he will send to both US and international investors is that he will boost the US economy and drive faster growth. He will achieve this through several measures, with the first being tariff measures. Many believe tariffs will be harmful, both for foreign countries and US consumers, but the main benefit will be increased income for the US government, helping reduce the deficit. Most businesses worldwide can adjust to these tariffs through various strategies, such as devaluing currencies against the US dollar or altering supply chains. Therefore, I don’t believe the impact will be significant.
#Trump2024 #MarkMobius #USPolitics #GlobalEconomy #TariffPolicy #EconomicGrowth #USDeficit
