Trump’s Border-Tax Threat May Weaponize the Dollar

Things may even out in the U.S., but emerging markets will suffer.

By Sid Verma, Bloomberg | Updated on January 11, 2017

Is fiscal war the new currency war?

President-elect Donald Trump’s threat to impose a “major” border tax on U.S. manufacturers that make products abroad to sell in the U.S. could fuel the next leg in the post-election dollar rally, some analysts reckon.

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