BNP Paribas' Saywell: Border Tax Is Reason to Buy Dollar

The video discusses the implications of a border tax strategy on the US dollar, highlighting how such a tax could raise the dollar's equilibrium level by 15-20%. It explains the mechanics of the border tax, which favors exports over imports, thus improving US trade terms. The discussion also covers global trade policies, focusing on China and Japan, and Japan's significant economic contributions to the US, particularly in the automotive sector.

What is the potential impact of a border tax on the value of the dollar?

How does the border tax affect the terms of trade in the United States?

In what ways do trade policies influence the strength of the dollar?

What are the implications of Japan's current account surplus for the US economy?

Discuss the relationship between employment in the US and Japanese car manufacturers.