The US corporate tax rate is one of the highest in the world especially among developed countries. President Trump has proposed to cut this rate to 19% to make the country competitive globally. However according to a report at Schroders the eventual rate is likely to be in around 25%. The chart shows the current …
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Mexico is one of the three important trading partners of USA. The Southern neighbor is not only a major exporter of goods to the US market, but the U.S. also exports a substantial amount of goods to Mexico. The following table shows the major trade partners of the US: Click to enlarge Source: A Seaworthy Mexico …
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The EU is the largest trade partner for Germany account for 56% of total turnover. At 9%, the US is second major trade partner.Last year German exports to the US totaled 143 billion Euros. Click to enlarge Source: The New Age of Protectionism- Trump’s Attack on Germany and the Global Economy, Der Spiegel The US market …
Continue reading ‘On Germany’s Trade with the U.S.: Chart’ »
European stocks are projected to beat US stocks this year, according to an article in Bloomberg yesterday quoting Goldman Sachs. From the article: European equities will catch up to their U.S. peers once the uncertainty surrounding near-term elections is lifted, according to Goldman Sachs Group Inc. The Stoxx Europe 600 Index will return 8 percent …
Continue reading ‘Goldman: European Stocks May Outperform US Stocks This Year’ »
The Dow Jones hitting the 20,000 mark was big news in the media last week. While the Dow is popular, the S&P 500 is more representative of the broader US economy. According to an article by Brian Levitt at Oppenheimer Funds, the S&P 500 has had 964 new highs since its inception in 1957. In …