Which economists look at Trump speech

- Which both investors and financial markets watching the speech from Donald Trump at five o'clock this afternoon. ' Does he really live up to its promises, how Trump protectionism undermines the US economy? '

Sweder Wine Mountains, professor of economics (University of Amsterdam) and former World Bank economist, is particularly concerned with other economists.

' Its investment is good to defend. There you can expect a lot. Anyone driving around in Washington knows that you can only do with a four wheel drive; so much his investments in roads, 'said the professor, who lived there for years.

' But his protectionist plans come too late for the US, they are very stupid. Economically disadvantageous to the US as well as Americans learn that eeb 40% import tariff on Mexican goods US manufacturers who work to put in place immediately, and ultimately the American consumer who will pay more. '

In the speech at five o'clock Trump likely to dampen the tone, economists expect more. The president is no longer election campaign.

' The key is whether he really going to do what he said. Is consistency in that. I am afraid not. Unfortunately Trump unfathomable, unpredictable. He reacts impulsively. Trump often gives the impression that he does not know it. 'Said Van Wine Mountains ' One thing we know for sure: he has \u0026 nbsp; will corrupt compiled..'\n  \n  \n   advertisement

The question is also how Trump will abide by international agreements. Wine Mountains: ' Its protectionism is really dangerous. China has warned him. The West, the EU, the US, have a good infrastructure, law agencies, international agreements on respect for property. Trump has shown that he is going through. If you violate the property, you come in Eastern European situations. Companies will it draw their consequences; It is no coincidence that countries where mafia and big business politics overflows are much poorer blurred together. '

Economists watch the speech, which may also about the FBI document Trump, specifically on the following issues:

* What Donald Trump the investment plan exactly?

Previously reported that he is going to reduce tax rates on income, profits and all inheritances. That has combined lead to a lower burden on families and businesses of $ 600 billion structurally to the government. The freedom to spend money would go to consumption and investment.

Trump announced a major investment of $ 1,150 billion in bridges, roads and railways, tunnels, airports and ICT networks. Investments should especially encourage small businesses in the US. The market will want to know how large the investments in detail.

* What creates jobs Trump?

The investment plan view gedetailleerdrt gives economists a direct view of Trump's promise to create 25 million jobs can be realized. The World Bank is optimistic about the consequences. ' But the economy is close to full employment, 'says Van Wine Mountains. ' Where do these people come from. Not in Mexico, that's for sure.'

* How far protectionism that Trump intends to introduce?

Mexican wall against immigrants get much attention. However, Trump the investment can be very import and stimulate the economy in other countries. According to the OECD's relevant that Trump is protectionism, for example, large import tariffs, limited compared to its previous announcements. Trump can control a trade war with China in particular. How he reacts to Chinese warnings?

* Is Trump Wall Street continued to decline?

His attacks on major banks on Wall Street during the election campaign gave a shot across the bow. Trump bankers from Goldman Sachs then took mastodons and other Wall Street in grace and in his cabinet. Comments about hitting financial markets directly.

* He successors, Call for Fed directors as chairman Yellen?

A hawk at the head of the Fed, which more aggressively will increase the US policy rate, deliver an immediate impact on exchanges and markets. Interest rates will rise worldwide. The first to go was Stanley Fischer, whom he cites as successor?

* In which areas Trump's plans economically strong on election promises?

British investment bank Barclays has Donald Trump as a 'black swan' qualified investors. His statements and actions include, according to the bank to the twists and turns that can bring sudden move markets.

Trump can come back reintroduce or expand on the recent nuclear agreements with Iran and the economic sanctions. This will press investments in the oil sector, and ultimately drives up oil prices, according to Barclays.

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