"President Donald Trump's pro-business policies such as corporate tax cuts will, ironically, worsen the U.S. trade and current account deficits, Credit Suisse said Monday.
U.S. businesses, helped by some of Trump's policies, have started to increase investments and capital expenditure. But much of those funds have flowed to Asia because China is still the factory of the world, according to the bank's chief economist, James Sweeney."
