HOW
AMERICA’S NEW PRESIDENT WILL AFFECT THE GLOBAL ECONOMY
Republican new president Donald Trump victory, in the
USA presidential elections, will have implications for the whole global
economy.
Mexico
The latin country could be one of the most affected
countries from Donald Trump.
During his meetings he had said that if he cannot
renegotiate Nafta he will pull out of the free the North American Free Trad
Agreement signed by the husband of Hillary Clinton, his rival in USA elections.
Also he said he would send back to home illegal
immigrants living and working in America.
That will suppose a really hard impact in Mexican
economy.
China
New USA’s president has been really clear about his
attitude to China. He said that he will consider imposing a 45% tariff on
chines imports.
There would be a risk that aggressive US trade policy
could suppose a marked slowdown in China’s growth and loss of manufactories
jobs.
Europe
excluding Britain
The main risk to Europe it’s going to be political
rather than economic.
Next year on Germany, France and Netherlands there are
elections. And the right political parties are taking to much power.
Trump’s victory will be reflected to European banks.
Britain
Trump’s protectionist measures will affect Britain
also, the second biggest exporter of services in the world.
In the short term, Trump’s win helps take the pressure
off the pround.
After that policy there are to way, on is a promising
from Beijing to increase direct investment into the USA.
And the other way there is an aggressive and
nationalistic attitude from China.
The
rest of Asia
Obama created a plan between Trans-pacific countries
as a way of keeping countries such as Japan, Brunei, Singapore and Malaysia out
of Bejing’s orbit.
But with the new president this plan is shivering,
this will result as a slowly growth of Asia exports.
Personal
opinion
I haven’t understood yet how can be possible that
Donald Trump will be the next president of USA.
He will be the president of one of the most powerful countries
in the world; he will be one of the most influent people in the world, and also
what he thinks. He is going to return to the past when the most radical
political parties are considered the best options.
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