If Donald Trump’s plans are carried out and do result in economic growth in the US, many other countries could benefit.
Much has been made of the potential havoc US president-elect Donald Trump will wreak on the health of the global economy if he follows through on belligerent threats to slap massive tariffs on cheap imports and abandon global trade agreements that took years to negotiate.
His sharp criticism of China, Iran and Mexico, together with threats to eject hundreds of thousands of illegal US immigrants, support torture of terror suspects, and establish a registry for Muslim Americans have done little to soothe the nerves of world leaders concerned about geopolitical stability.
But US financial markets – and global commodity prices – have given Trump’s election an unequivocal thumbs-up, as players bet that his pledges to slash corporate and individual taxes and spend billions of dollars on infrastructure will spur economic growth in the country.
If this materialises, other countries should also benefit, through knock-on effects and through some of Trump’s controversial policies becoming the catalyst for ending a period of austerity imposed on many developed countries since the global financial crisis.
Some analysts believe the populist policies espoused by the bombastic business mogul-turned-president will prod sitting European leaders into loosening government purse strings to appease disgruntled voters, who may otherwise desert them in droves in elections in 2017.
この記事は Finweek English の 29 December 2016 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は Finweek English の 29 December 2016 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
THE HEALTH OF SA'S MEDICAL SCHEMES
As the Covid-19 pandemic abates, finweek takes a look at the financial performance of some of the largest players.
The effect of Gilbertson's departure
With Ntsimbintle Holdings now the major shareholder of Jupiter Mines, it could change SA’s manganese industry.
Making money from music
Why investors are increasingly drawn to the music industry.
Conviction is key
Sandy Rheeder plays a critical role in Mukuru’s mission to open up financial services to the emerging consumer market in Africa through tailor-made technology solutions and platforms.
The post-pandemic toolkit
How CFOs can use technology to support growth.
Big city living exodus
Mini cities like Waterfall City and Steyn City are redefining city-style apartment living.
Big compact, big value
Handsome, with a hefty level of standard specification, the roomy Haval Jolion compact crossover is a great value proposition.
On barriers to entry
There are various ways in which a company or sector can achieve competitive dominance. They usually make for good investments.
Fear and greed in one index
To buck the trend, when markets are hot or cold, is a tough thing to do. However, it can deliver solid returns.
Africa's largest data centre facility coming soon
Vantage Data Centers plans to invest over R15bn for its first African data centre facility in Attacq’s Waterfall City.
