Wessel: Trump Meant What He Said About Trade Treaties

The video discusses the implications of the U.S. withdrawal from the Trans-Pacific Partnership (TPP) and potential renegotiations of NAFTA, highlighting the impact on trade policies and market reactions. It explores the complexities of tax reform, particularly the border adjustable tax, and the challenges faced by Republicans in Congress. The discussion also covers the influence of populism and anti-globalization on corporate America, and speculates on changes in monetary policy under the Trump administration, including potential shifts in the Federal Reserve's leadership.

What are the potential long-term effects of the current trade policies on supply chains?

What role does the Federal Reserve play in the context of fiscal expansion and tax cuts?

How might the appointment of new Federal Reserve members influence monetary policy?