NAB morning call had a very interesting report on the inflationary and deflationary sides of possible US policies.
Cutting taxes and .... puts money into the economy
Tariffs and trade wars are contractionary for economy
Massive deportation of cheap labor - contractionary for economy
https://open.spotify.com/episode/111dupzGZvYKEuMTA4MCWy?si=3af1c829d2984dbaI have no idea of course

"
Trump Says He Will Impose 25% Tariff on Canada and Mexico on Day 1
President-elect Donald Trump said that he would impose a 25 percent tariff on all products coming into the United States from Canada and Mexico on his first day in office, a move that would scramble North American supply chains.
"
What Canada and Mexico do in response will be interesting 'IF' this occurs?