Do you run a business or do you know someone who does? It counts, even if it’s a small business. With the election of Donald Trump as the United States’ next president, that brings to mind the familiar knowledge — whatever the government’s like at the time does (kind of) control how your business thrives. So what will trading be like under Trump? “Trading with Trump” takes a gander.
Key Takeaways:
- When the world’s biggest department store starts changing the rules, we all need to take notice – and be alert to both the threats and the opportunities this might present.
- On face value, it appears Trump’s trade policies will hit developing economies harder than they will developed economies.
- The likely reality is that the bulk of Trump’s trade policies will be designed to protect and restore US manufacturing jobs from the competition of imports from cheap labour countries – thus appealing to his so called “deplorables” on a range of fronts.
“The potential for other nations to implement retaliatory trade measures against a protectionist Trump is no doubt already being “war gamed” by government’s around the world.”
https://insidesmallbusiness.com.au/planning-management/trading-trump
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