Trump inauguration speech highlights tariffs. US dollar bounces


No surprise from Trump so far:

  • I was saved by God to Make America Great Again
  • We will drill, baby, drill
  • We will fill strategic reserves again and export American energy all over the world
  • Will begin overhaul of trade system
  • Will tariff and tax foreign countries to enrich our citizens
  • “It will be massive amounts of money pouring into our treasury coming from foreign sources.”
  • Will establish ‘external revenue service’
  • Will declare national energy emergency
  • Will send troops to the southern border
  • American ships are being over-charged at the Panama canal
  • We will take back the Panama canal
  • We will launch astronauts to Mars

The bolded headline has caused some US dollar buying and selling in risk assets.

This article was written by Adam Button at www.forexlive.com.