Any new President of the USA will bring suggested advantages and disadvantages and on the 20th January Donald Trump?s inauguration is set. Trump has declared to build hospitals and schools. He has promised to rebuild roads and rail and wants US corporations to pay only 15% tax on profits. Speculation of another area that could be trumped up by the new President are fossil fuels, these companies could benefit from the new president as Trump doesn?t believe in global warming. On the other hand areas such as international trade have a less clear path. Trump?s ability to act unilaterally on tariffs without Congressional approval suggests that actions were possibly carried out without support from all of Trumps advisers. For example the hasty withdrawal from trade agreements such as the North Atlantic Free Trade Agreement (NAFTA). In reaction to Trumps win the markets in the UK, Europe and Asia fell, whatever uncertainty there may be still on the new President it comforting to note that these markets did recover.
