trump effect toward global economic

Trump EffectDedicated to 45 US Presidents the master

apprentice, Mr. Trump

4 Highlighted Trump policyJobsImmigrantTaxesTrade

JobsDespite the U.S. economy adding over 1.5

million jobs in 2016, there is a feeling that jobs have not grown in the areas hit hardest during the 2008 financial crisis, namely Manufacturing.

Trump believes he can add 25 million jobs over the next decade with his primary focus on defense, infrastructure, and manufacturing.

JobsTrump has gone back and forth on his stance

on the minimum wage. He currently stands at a $10/hour federal minimum wage, but he is ambiguous about the details. “I want to create jobs so that you don’t have to worry about the minimum wage. They’ll do a great job that they’re making much more than the minimum wage. But I think having a low minimum wage is not a bad thing for this country," Trump said.

Trump Decision on MINIMUM WAGE 1. Against raising the minimum wage. Jobs

would move to China. (before Trump become Republic candidate).

2. Wages should be raised through economic growth. (8 May, After become Republic candidate).

3. Raise the minimum wage. ($15) (8 May, At other interview).

4. Get rid of the federal minimum wage, leave it to the states. (let $7.5 as state decided) (8 May, at more other Interview (the F****** same day (because he is F****** Trump !!!))).

Trump Decision on MINIMUM WAGE 5. I want to increase it! (Twitter Power).

6. States should change it, but it will hurt them. (Seattle Radio Interview).

7. Let's make it $10 dollars an hour. (3 August).

8. It should go up, but states should call the shots here. (President Debate 1).

Conclusion : Raise it to $10 an hour, ignore what I said before. (because I’am Donald Trump).

Immigrants

How the Mexican

Border Wall will build ?

How the Mexican Border Wall will build ?His calculations were for a 2,000-mile, 25-foot-

high wall, for spesific area, we have updated them for a 1,000-mile, 35-foot-high wall.

Foundation: 6 feet deep, 18 inch radius = 42.4 cubic feet

Column: 4 square feet area by 30 feet tall = 120 cubic feet

Wall panels: 35 feet tall by 10 feet long by 8 inches thick = 249.3 cubic feet

Total concrete per 10-foot segment = 411.7 cubic feet

1,000 miles = 5,280,000 feet = 528,000 segments (10-feet long each)

528,000 segments * 411.7 cubic feet per segment = 217,377,600 cubic feet = 8,050,666 cubic yards. (The cubic yard is the standard unit of measure of concrete volume in the United States.)

Wall CostBuilding the wall would require at least

40,000 workers a year for at least four years (Optimistic but Doubful)

Excavated earth need to be hauled somewhere and disposed–nearly 3 million cubic yards

The potential cost of the wall, concluding all the materials it would cost at least $15 - $25 billion. (and those Mexican will pay for it) (hopefully).

TaxesDonald Trump has pledged to simplify income

tax brackets, reducing the number from seven to three. These being 12 percent for those earning less than $75,000, 25 percent for those earning more than $75,000 but less that $225,000 and 33 percent for those earning above $225,000. He will maintain the capital gains tax structure and, like Hillary Clinton has said he would eliminate the carried interest loophole, taxing it as ordinary income.

TaxesOn the corporate side, Trump said he plans to reduce

the corporate tax rate from 35 percent to 15 percent, which he believes will disincentivize firms shifting headquarters offshore, also known as corporate tax inversion. Those U.S. companies that choose to move overseas will incur a flat 10 percent repatriation tax on corporate profits.

Trump's website says, "the Trump Plan protects all low-income and middle-income Americans and lowers their taxes." As the Tax Foundation put it: “Donald Trump’s plan is a tax cut for all income groups, while Hillary Clinton’s plan is a tax increase on selected income groups."

TradeDepending on the week, Mr Trump’s stated

remedies have included a promise to order his Treasury Secretary to declare China a currency manipulator, promises to put TPP talks on hold, and threats to place tariffs of 5%, 10% or even 45% on imported goods. He has pledged to browbeat the bosses of such giant firms as Ford, Apple and Boeing to make more of their products at home, with the help of tweaks to the tax code.

TradeChinese goods have long helped keep prices

down for Americans. But Chinese exports play a shrinking role in holding down prices as labor costs rise in China and as rivals like Indonesia, Vietnam and India expand manufacturing.

China’s biggest potential weapon is to disrupt the supply chains of multinationals by halting exports of crucial materials or components. But that could damage China’s reputation as a reliable supplier.

Trade“I don’t think we will go that far at the

moment, because there is a lot of room to negotiate,” Mr. He said. “If we are forced too much, nothing can be excluded.”

Trade What will happen if US try to slow China Economic

growth and stop Importing from China :1. Lower Oil PricesChina's falling demand for oil has greatly

contributed to the Oil oversupply, Depressed oil prices, are affecting the economies of Russia, the OPEC countries and the U.S.


growth and stop Importing from China :2. Falling Commodity PricesOil is a commodity, but it is just one of many that

are losing value as a result of falling demand. China is the world's largest consumer of iron ore, lead, steel, copper and many other investment commodities. A slowdown in China's economic growth has reduced its demand for all commodities, which has hurt commodity-exporting countries, such as Australia, Brazil, Peru, Indonesia and South Africa and all major exporters to China. The ensuing sharp decline in commodity prices threatens the global economy with deflationary pressures.


growth and stop Importing from China :3. Reduction in TradeChina may not be the world’s economic

engine, but it may very well be its trade engine. In 2014, China became the world’s leading trade nation, accounting for 10% of global trade.

Countries that are dependent on trade with China will feel the impact on falling demand, which will spill over to countries that are not dependent on trade with China.


growth and stop Importing from China :4. The Corporate Domino EffectEven for countries for which trade with

China is a small blip on their gross national products (GDPs), the domino effect of falling demand will hit individual companies that have direct or indirect exposure to China. Some companies that sell products in China, such as Apple and Microsoft, are more directly exposed.

ConclusionOne of Trump’s major economic

polices could lead to a ‘Global Recession’

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