Manulife's Greene: GOP Border-Tax Proposal a Scary One

The video discusses the concept of border tax adjustment, highlighting President Trump's skepticism about it, as he believes it could lead to unfavorable deals. The discussion includes Paul Ryan's proposal, which has support from moderate Republicans. The potential economic impacts, such as stagflation and debt deflation, are explored. The video also examines how border tax adjustments could influence domestic companies and the US currency, with a focus on long-term effects on the US consumer.

What was President Trump's main concern about the border tax adjustment?

• It would result in a bad deal.

• It was not part of Paul Ryan's proposal.

• It would lead to a favorable deal.

• It was too simple to implement.

Which group of Republicans is more likely to support the border tax adjustment?

• Moderate Republicans

• Libertarians

• Traditional protectionists

• Democrats

What are the potential economic consequences of implementing a border tax adjustment?

• Stable economic conditions worldwide

• Economic growth and inflation

• Stagflation in the US and debt deflation globally

• Deflation in the US and economic boom globally

How might a border tax adjustment affect US companies?

• Force them to merge with foreign companies

• Have no impact on their location decisions

• Incentivize them to stay in the US

• Encourage them to move abroad

What is the expected time frame for currency adjustments following a border tax adjustment?

• Never

• After five years on average

• Within one year

• Immediately