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

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)