How LA’s riots worsen ‘the biggest risk’ facing Australian super funds
Donald Trump’s immigration policy could create a shock to the US economy that would heap more pressure on the weakening US dollar. Australians are uniquely exposed.
It’s easy to dismiss US President Donald Trump’s decision to send in the National Guard to quell protests in Los Angeles as yet another act in the White House’s great circus.
But beneath the drama is an issue that investors shouldn’t miss: Trump’s stand against illegal and legal immigration is changing the make-up of the US economy.
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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
