Rising Risks for Global Social Media Firms

Global business environment-
CW-2

Table of Contents
Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Describe and explain how President Trump’s approach to economic policy impacts upon
foreign economies such as the UK or EU or China................................................................1
CONCLUSION................................................................................................................................2
REFERENCES................................................................................................................................3

INTRODUCTION
The key economic policies of the president Trump will covers the different set of tax
policies, interest rate, budgets etc that will get characterised the foreign economy and that cut
profit will get provided to the individual and to the corporate people at that attempt is called as
"Obamacare". It will include the restriction in the immigration, trade protectionism, Patient
Protection and Affordable Care Act that will consider the financial aspect and the pandemic
attack of coronavirus that is help in 2020 (Howitt, 2019). These strategies will get developed to
emphasis the economic growth by minimising the tax amount in order to enhance the deficits of
federal budget. President Trump has worked with the aim to strengthen the defence, direct on
the immigration, focus on the security and the brawl against terrorist.
MAIN BODY
Describe and explain how President Trump’s approach to economic policy impacts upon foreign
economies such as the UK or EU or China.
The input impacts of the economies policy of the Trump will completely depend on the
deduction on the corporate tax and the income tax that get stepped down to 37% as per the rate
of Clinton. For this the individual indemnity will get reduced for the married couple to $24,000
and with this the estate tax will get double with the rate $11.2 million (Trump’s Economic
Policies, 2019). It will get helped to develop the economy by which the incentive will get
increased and the tax face will get mortgage instead of the implied subsidy. On the other hand
the major impact of the economic policy of the China will get down as their portfolio get
affected by growth of the GDP and it will increases the diversification, fudge of ETFs deduction
in the exposure of commodity (The Effect of a China Slowdown on the Global Economy, 2019).
The globalisation is the diverse terminology that includes the price fluctuation, instability of
jobs, capital flow, terrorism etc. In addition it has developed a lot of positivism as the
employment will get provided and the adequate platform will be provided to the new business.
On the other hand, there are some diverse impacts as well in this the country that is under
privileged gets forced to be like the development nation (Kugler, 2018).
The environment has huge impact of the manufacturing department as they have create a
lot of pollution in China and as per the Environmental Protection Law they have punished tp the
18000 businesses and take the fine of 870 million Yuan (Pollution in China and the Impact from
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the Manufacturing Sector, 2018). In this Trump must have pushed back their companies as from
the China production to get work in secure surround.
The economy will get more affected by the stock market as the borrowing and the interest
rate both get developed parallel (Olsen, 2018). As the spending of customer gets decreased the
investments of the business also get reduced by which the economic growth get slows down thus
it is direct impact on the fiscal impact of the business. In this the different barrier in trading as
like tariff will enhanced the cost with the deduction in the quality by which income source will
get decreased that create unemployment and the GDP rate also get down. The export and import
policy have developed by the UK government to improvise the trading. For this UK government
launch the point based immigration by which they have provide the visa on the basis of salary,
educational background, occupation etc.
CONCLUSION
It has been concluded that to develop the economic policy the president Trump make
more investment to enhance the economy of the country with that job opportunity also get more
developed. In this the people get adequate salary by which more advancement will bring with
more easiness. In addition to this China faces the slowdown in their economic rate thus they will
remove the value added tax for the companies by which they easily export the products.
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