Trump Protectionism Might Help Emerging Markets, Hedge Fund Says
- Prospect for diminished access to U.S. boosts reform incentive
- Each country will realize ‘need to do these things’: investor
Trump's First 100 Days: TPP and U.S. Job Creation
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Curtailing access to the world’s biggest market appears damaging, on the face of it, for the emerging markets relying on exports to catch up to developed nations.
An alternative view: it could be just what the doctor ordered. Economic resilience comes from domestic demand. And U.S. President Donald Trump’s protectionist moves give developing countries strong incentives to take on the tough reforms needed to drive productivity, wage growth and consumption at home.