My interest in US politics is limited to its impact on my investments in foreign companies. Previously, I've seen my alien tax increase from 10% to 30% and taxes on limited partnerships from 30% to 45%. While Trump may be beneficial for Americans, his stance on foreign trade and relations with allied countries is less supportive.
For instance, Australia avoided tariffs on iron ore and other commodities during his last term, but such favors seem contingent on reciprocal benefits.Should gold prices rise, it could reflect Trump's unpredictable foreign policy, particularly regarding the Russian-Ukraine conflict. I believe he may attempt to negotiate a settlement with Putin to end the war. Ukraine's capacity to purchase wheat and US bonds is finite before debt tolerance wanes. Conversely, Russia seems able to sustain the conflict indefinitely.
Germany's reliance on Russian gas for its industries suggests that any resolution could significantly boost the German Index fund.Trump's desire to dominate the political scene is evident; he thrives on geopolitical drama, and the tabloids can't get enough of him.
During his last four-year term, eight books were published criticizing him, highlighting various derogatory claims. His management style is to tightly control his administration, often leading to the dismissal of secretaries who deviate from his directives, as seen in his interactions with Bolton and Fauci during the "China Virus" situation.
For those who find political theater entertaining, Trump's leadership provides plenty. However, South Americans aspiring to immigrate to the United States may need to reconsider under persona non Gracia.
KCN Price at posting:
$1.47 Sentiment: Buy Disclosure: Held
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