What does Trump's 'mercantilism' mean for US investors?
Bone fide free trade has already disappeared
Carmignac's Dider Saint-Georges
While the US celebrates Independence Day and freedom from the British, there is no better time to take a look at what US President Donald Trump's mercantilism means for the US investment outlook, given Europe's own mercantilism served as stepping stones to the American Revolution.
However, the problem with mercantilism in the XXI century is that its ultimate economic consequences could be quite different from what they were when this economic theory was first implemented in Europe,...
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