Donald Trump will be sworn in as the 45th President of the US on Friday and his term in office could have economic repercussions for the global economy. Stephen Roper, Professor of Enterprise and Director of the Enterprise Research Centre, considers what it could mean for the UK's 5.2 million small and medium-sized companies.
Donald Trump’s reign as President should be of concern to the UK's small and medium-sized enterprises (SMEs) as his policies will have consequences for them, especially as the US is the UK’s biggest export destination.
During the campaign Trump made some remarks he may regret, but the general policy stance in terms of trade and industry is relatively clear: an emphasis on rebuilding manufacturing capacity in the US and potentially re-shoring jobs is likely to be important.
Press & PR Executive, WBS
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