To conduct their analysis, the Moody’s team began by identifying the most economically consequential and detailed policies Mr. Trump has proposed. Mr. Trump has proposed a 45 percent tariff on Chinese imports and a 35 percent tariff on imports from Mexico. The economy would also struggle to grow if Mr. Trump acted on his pledge to deport 11 million immigrants. Advertisement Continue reading the main storyAnalyses like the Moody’s report are, of course, imperfect exercises, Mr. Zandi and his colleagues acknowledge. That report, released on Monday by Moody’s Analytics, a subsidiary of the credit rating and research agency Moody’s Corporation, explores the consequences of the policies Mr. Trump has proposed in speeches, interviews and on his website.
Source: New York Times June 21, 2016 15:43 UTC