1. Background: From Post-Election Optimism to Policy Shock The November 2024 U.S. presidential election triggered a strong equity rally, a stronger dollar, and rising bond yields as investors anticipated tax reform, deregulation, and pro-growth economic policy.Despite campaign warnings of potential tariffs, the markets initially discounted a...
1. Historical & Macroeconomic Context Persistent trade deficits are the norm, not the exception: U.S. moved from small surpluses in the early-1970s to a record–$971 B deficit in 2022 (≈3.8 % of GDP). Net exports have been a drag on growth for five decades, rather than being the engine of growth. ...
A Strategic Review of China’s Trade Conduct (2000–2025) 1. U.S.-China Trade: Massive Growth with Structural Imbalance Bilateral trade grew from $116B (2000) to ~$583B (2018); dipped post-2019 but remains large U.S. imports vastly outpaced exports: goods trade deficit hit $418B peak (2018) China accounts for up...
April 2025 – Thought Leadership | Exponential Wealth Management, LLC Executive Summary The re-introduction of tariffs by former President Trump in April 2025 has reignited debates on trade, economic growth, and political strategy. As markets react sharply and global trading partners recalibrate their strategies, this article examines...
