We are one day into the Trump administration and just listening to the financial guru's on the boob tube, the projections are all over the place. 

One thing that many agreed on is the ONLY way for Trump to cut corporate taxes is to put more import taxes on imported goods to at least partially offset the tax cuts for businesses. Will it work ?  Time will tell. One thing for sure get ready to pay MORE for goods (imported or not). Now if that increase in product costs is more than offset by increase in workers pay it might work out. That also will rear the ugly head of inflation. 

It is a tricky balance. Till the markets get their heads around this whole thing and its impact expect turbulance. 

IF the turbulance is too great and stocks tank, as in the past when people see their 401Ks fall too dramatically they pull back from purchases. 

Like I said, It's a tricky business.