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As President Trump asserts his economic dominance, the US dollar is just getting stronger, so everything the US imports naturally gets cheaper. As a result, the projected inflation from the proposed tariffs is slow to materialize. The real goal of the Trump tariffs is to collect new revenue for the Federal government, so income taxes can be reduced or eliminated. Overall, we are in the midst of an economic Renaissance that is expected to create more companies to "onshore" and divert their operations to the US.
Louis Navellier is one of Wall Street's renowned growth investment advisors. He is the founder and chairman of Navellier & Associates, a money management firm. Mr. Navellier specializes in behavioral finance and utilizes extensive quantitative and fundamental analysis to identify market-beating stocks. He is the editor of five investing newsletters published through InvestorPlace.
