Regarding the impact of Mr. Donald Trump becoming US President on the global economy and some major currencies in the world, recently, the analysis department of VPBankS securities company made a comment. VPBankS expert cited research by the US financial institution Goldman Sachs, according to which Mr. Donald Trump’s proposal to impose import tariffs has a stronger impact on Europe – the US’s key trading partner, and the euro exchange rate. can decrease by up to 10% and thus reach balance against the USD. In addition, the Japanese yen is one of the most vulnerable currencies when Donald Trump is elected for the second time, due to the large difference in interest rates between the US and Japan.

Trump 45 – 47 2024 Champ Shirt

Commenting on the impact on Asia from Mr. Donald Trump’s policy orientation in case he becomes US President, Mr. Frederic Neumann, Chief Economist of Asia-Pacific Economic Research Department of HSBC Bank, said. that you shouldn’t worry too much. According to Mr. Neumann, from the perspective of Mr. Trump’s policies in the previous term, they were not applied as harshly as claimed during the campaign. Japan, Europe and other countries were only partially affected. HSBC Asia-Pacific Chief Economist Frederic Neumann – said that Mr. Trump may not be aggressive on taxes, but has the ability to adjust monetary policy. “However, in my opinion, Vietnam’s economy will not be affected too much, because it can adapt to exchange rate changes of about 10-20%,” he said.