There has been a lot of conversation in the public discussion lately about the conceptual construct of a ‘Mar-A-Lago Agreement’-so much that it is no longer really clear about what it is. But, before discussing this, you must first define what is meant. To do this, it is useful to consult a strategy document of Stephen Miran, president of the Economic Advisors Council of the US President, says Commerzbank’s currency analyst Ulrich Leuchtmann.
US should not give security and access to your domestic market
“His argument is a variant of the new neo -Real thought in the US foreign policy.: US The high assessment of the US currency, which represents an economic burden, would put the US at a disadvantage. “
“The US should no longer give security and access to your domestic market for free, but should charge a price for it. This is the concept of foreign policy and economic policy of the US government with the following aspects: alliances are seen as an obstacle, that is the ‘neo -realist’ dimension of the new US policy threat of these. “
“What are the objectives of this US policy? A weakening of the US dollar, a debt restructuring and, therefore, a debt relief for the US Treasury, a reduction in the US trade deficit and, as a result, a reindustrialization of the US economy.”
Source: Fx Street
I am Joshua Winder, a senior-level journalist and editor at World Stock Market. I specialize in covering news related to the stock market and economic trends. With more than 8 years of experience in this field, I have become an expert in financial reporting.
