Impact of Trump’s Tax/Aluminum Policies on China
May 1, 2017
The careful policymaking dance continues, as Trump attempts to follow through on populist economic promises regarding Aluminum tariffs while ensuring China’s support in containing the North Korea threat. As a result of the tip-toeing and shifting alliances, other nations (notably Japan) are seeking to hedge bets and placate a growing China by attending the upcoming One Belt, One Road summit. China’s economic dominance was on display this week as Alibaba’s homegrown Yu’e Bao fund surpassed JP Morgan to become the world’s largest money market fund. The implications of all of these items are discussed in the attached PDF.
Topics covered: Alibaba, Tax, Aluminum, Trump, “One Belt, One Road,” PBOC
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