Article curated by Jim Allen, Sales and Leasing Agent for Saurage Rotenberg Commercial Real Estate, LLC
While increased tariffs on Chinese imports may increase cost to consumers, the current strengthening of the dollar will make imports cheaper. This may make imports cheaper even with the tariff. The attached article explains dollar valuation.
Article published Wallstreet.com | February 2, 2017
HOW STRONG DOLLAR AFFECTS THE US ECONOMY
The US dollar has been bullish against all its peers globally since the election of Donald Trump as the 45th president of the United States of America in November 2016. The upward trajectory the dollar has been experiencing has not been reversed since the beginning of 2017 except for minor fluctuations from time to time based on global economic news. Though seen as a negative economic trend like President Trump said in a statement in January 2017, the strong dollar also has some benefits to the economy too.
Jim Allen earned his bachelor’s degree from Baylor University in Waco, Texas and his masters from Louisiana State University. In addition to his multiple degrees he has taken numerous coursework in banking, marketing, accounting, and business law. As a complement to his sales experience, Jim also has 30 years experience in commercial real estate financing.
Saurage Rotenberg Commercial Real Estate, LLC is a member of the Baton Rouge Area Chamber of Commerce (BRAC); the West Baton Rouge Chamber of Commerce; the Baton Rouge Better Business Bureau; the Louisiana Commercial Data Base (LACDB); and the International Council of Shopping Centers (ICSC). Several agents, on an individual basis, are members of the Society of Industrial and Office Realtors® (SIOR), the Certified Commercial Investment Member Institute (CCIM); the National Association of REALTORS® (NAR); and the Greater Baton Rouge Association of REALTORS® Commercial Investment Division (CID).
