Donald Trump has continually insisted that deals over his tariffs are coming.
Donald Trump claimed Tuesday that the U.S. doesn’t “have to sign” any trade deals, inadvertently admitting that his administration hasn’t made any progress during the 90-day pause on his disastrous tariffs.
During a tense meeting to discuss tariffs with Canadian Prime Minister Mark Carney, the president attempted to move the goal posts on actually completing any agreements with foreign countries.
“Everyone says, ‘When, when, when, are you going to sign deals?’ We don’t have to sign deals!” Trump said.
Done and done. Thanks for the tip, fellow lemming.
Just an FYI, do be aware that this could have tax implications depending where you put your money and your personal tax liability.
Understanding Taxation of Foreign Investments
Yeah, I think my 401k provider probably thought of that when putting together their international funds offerings
True, and as long as expense ratios are the same or lower than your US index/mutual fund then your only real issue is if the US market rebounds and outperforms your portfolio if you had diversified more.
And the expense ratio’s can vary a lot. For example Fidelity shows the exp. ratio of ($0.08 per $1,000) 0.008% for their Index Equity Fund, where their International Equity Fund has an exp. ratio of ($4.02 per $1,000) 0.402%.
Source: How to Invest Your 401(k) and Best 401(k) Investments
Yes, you’re not not going to have any foreign tax obligations owning a mutual fund in your 401k