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Other countries should be cautious......>

CHINA PRESS
CHINA PRESS: Other countries should be cautious about the spill-over effects of
"Trump Economics," though a good performance by the U.S economy could be a
strong engine for global growth, the Economic Information Daily said in a front
page commentary Thursday. If the U.S makes significant tax cuts, other economies
should consider following suit to retain their competitiveness, the commentary
argued. The combination of U.S. monetary policy normalization and a large tax
reduction would push up U.S. public debt, forcing many emerging economies to
worry about the stability of their currencies and the security of their foreign
reserves, the commentary warned. (Economic Information Daily)

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