Marc Chandler - Comments
Political Economist

Marc Chandler has been covering the global capital markets in one fashion or another for more than 25 years, working at economic consulting firms and global investment banks.

Chandler attended North Central College for undergraduate work, where he majored in political science and the ... more

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If There Is One Thing Investors And Foreign Officials Should Know About The US...
1 month ago

Thanks Gary. Yes, you might be right. I tend to think of foreign economic policy as a subset of foreign policy. And one of my points is that Trump Admin has both free-traders and protectionists. I don't think the message is autarky. I think that what is emerging is lobbying the multilateral institutions to better enforce current rules. The president and the executive branch has limited ability to raise tariffs without Congress. There are some thing Trump can do if he says there is a balance of payments crisis, which would be hard to substantiate. Time will tell which wing of the administration carries the day. I think Mnuchin's comments today give sign that the internationalist wing may come out on top, while the other wing gets to pursue the domestic agenda.

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