Fitch: Trump's economic plans represent a threat to the world

[JTFrog]

http://www.cnbc.com/2017/02/10/fitch-trump-economic-plans-represent-a-threat-to-the-world.html

Fitch Ratings fired a warning shot Friday about President Donald Trump's economic policies, saying hard-line stances on trade and immigration pose potentially serious problems for the world.

"The Trump administration represents a risk to international economic conditions and global sovereign credit fundamentals," the agency said in a statement. "U.S. policy predictability has diminished, with established international communication channels and relationship norms being set aside and raising the prospect of sudden, unanticipated changes in U.S. policies with potential global implications."

The most serious implications would involve credit downgrades for sovereign debt.

Fitch does not mention the U.S. specifically being subject to a reduced rating, but listed several of its trading partners that could take a hit should negative conditions emerge from Trump's saber-rattling on international trade agreements and immigration flows.

[Initech]

1. But we're going to make America great again!