United States: Well-known economist and Nobel laureate Joseph Stiglitz talks about Trump and US tax reform :

The economist Joseph Stiglitz, world-renowned for his work in macroeconomics and Nobel laureates, talks about Donald Trump and US tax reform in an interview with Bloomberg TV.

The economist believes that tax reform is the worst he has ever seen. He considers that it creates huge distortions and contains a lot of strange predictions. He added, however, that the dollar could appreciate if the reform was adopted.

Stiglitz also noted that President Trump understood that a weak dollar was good for exports, but added that it does not control the value of the currency.

The most useful comment is that it allows for a possible rise in the dollar if the reform is adopted, which could be realized by the end of the year.