(CNBC) While most of the so-called Trump trades require the president to successfully team up with a Republican-led Congress to make business-friendly laws, there’s one group of companies that Trump alone can help and already has, according to Wall Street. “Our conversations with trade lawyers have noted that the Trump administration has had a ‘chilling effect’ with respect to growing trade with the United States, especially in Asia,” said Credit Suisse research analysts Curt Woodworth and Serena Rocha Calejon in a report Wednesday.
This ‘Trump Trade’ Doesn’t Need Congress and That’s Why Wall Street Likes It
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