The vibes are good in Asia, as President Trump’s tour is yielding significant trade deals and national security relationships. The stock market loves it as the Trump boom continues, and markets are almost in melt-up mode. Profits are key to the market, but peaceful trade deals are helpful. And when the dust clears, it may be to the effect of a United States tariff rate something around 15 percent, which is a good low number to help profits and no trade war retaliation, at least in Asia.Here’s a key point: deals with Vietnam, Malaysia, Cambodia, and Thailand include trans-shipment provisions. T...
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