Steve Blitz, chief U.S. economist for the forecasting firm TS Lombard, says Trump's flurry of policy initiatives - with countervalent effects on the economy - could ultimately undermine businesses' willingness to invest in new plants or hire more workers. That's especially true since many of the president's moves could be reversed by Congress or his successor. When it comes to foreign and economic policy, Trump may be trying to tackle too much at once, Blitz says: Fight trade wars, cut taxes, rip up nuclear-disarmament agreements, shake up healthcare laws, rail against allies like Germany for not paying their fair share of defense spending. The list keeps growing. "As a business guy, what are you going to do?" Blitz said. "You're going to put your hands in your pocket and do nothing, until you understand what is the permanent path of all these policies."
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