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Showing posts with the label Donald Trump

The Trump Presidency: One year on

One year since President Trump took office, what has been the impact for businesses in Asia? Leon Perera, CEO of Spire Research and Consulting, shared his thoughts in The Business Times – Views from the Top section on 27 November 2017 on the impact on global economy. Thus far, Donald Trump’s Presidency has not been bad for the American stock market and the US dollar. However, the expected infrastructure spending and tax cuts, which drove stock market exuberance in 2016, are still far from being realized and could well be at risk. Perera opined that President Trump’s withdrawal from the Trans-Pacific Partnership (TPP) has caused a strain in global trade relations and has raised the risk of trade frictions. President Trump has also overseen a decline in US influence in the Middle East and Asia. However, the basic fundamentals of the US economy remain strong thanks to its world-class universities, innovative companies, confident consumers, a strong start-up sector as well

Donald Trump’s victory in the U.S. will impact Asia massively

5 December 2016 The Business Times – Views from the Top Donald Trump’s victory in the U.S. will impact Asia massively As the year 2016 draws to an end, there have been many upsets and surprises. Leon Perera, CEO of Spire Research and Consulting shared his insights in The Business Times – Views from the Top section on 5 December 2016 on the impact which Donald Trump’s victory will have on Asia. Donald Trump’s victory in the U.S. elections presages a change in direction for US foreign and economic policy but in ways that are not yet completely predictable. Perera opined that President Trump is expected to curb America’s economic and military engagement with Asia. However, his commitment to improve expenditure for domestic infrastructure may contribute a growth boost to the US and global economy. His ability to push through his spending plans is plausible as Republicans control both houses of Congress. Nonetheless, a volatile and cautious outlook is expected fo