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The Global Business Environment

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Added on  2020-10-05

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Explain how President Trump’s approach to economic policy impacts upon foreign economies such as China 3 B. Global environment of businesses comprises of factors such as economic policy of different countries and technological factors that can have a great influence on the working of an organisation. The report will analyse how president trump's approach to economic policy impact upon foreign economies such as china (Salvatore, 2015). Explain how President Trump’s approach to economic policy impacts upon foreign economies such as China Donald John Trump is currently

The Global Business Environment

   Added on 2020-10-05

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Global BusinessEnvironment
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Table of ContentsINTRODUCTION...........................................................................................................................3A. Explain how President Trump’s approach to economic policy impacts upon foreigneconomies such as China.......................................................................................................3B. Interpret how emerging economy are presenting opportunities for global expansion......5C Fiscal and monitory policy used by government................................................................6CONCLUSION................................................................................................................................7REFERENCES ...............................................................................................................................7
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INTRODUCTIONEnvironment comprises of external factors that are beyond the control of organisationsand it is fully dependent on various factors such as pricing, vendor demands and raw materialetc. Global environment of businesses comprises of factors such as economic policy of differentcountries and technological factors that can have a great influence on the working of anorganisation. The report will analyse how president trump's approach to economic policy impactupon foreign economies such as china (Salvatore, 2015). It will also analyse how emergingeconomies can present opportunity for global expansion. The later part of the report deal withhoe government can use fiscal and monetary policies to stimulate economic activity. A. Explain how President Trump’s approach to economic policy impacts upon foreigneconomies such as ChinaDonald John Trump is currently holding the position as 45th president of the Unites states. Hispresidency will be termed for the period of 2017 to 2021. the economic plan which is beingproposed by trump largely emphasizes on making America great again. The nationalisticphilosophy of the trump depicts a dream that comprises of taking America back to favourableposition where it was in the past. He took pledge that comprised of certain policies andregulation which involved declining the level of immigration in the country, reformingindividual and corporate tax laws. Trump's economic policy led to trade wars between countries. Which involved nationsattacking each other by ways such as quotes as well as taxes. Which resulted in political tensionamong several countries. The president placed tariffs on goods that are worth a billion of dollarsaround the world and in particular from china. He also plans to cut the trade deficit with china.The unites state has a massive amount of trade deficit with china. In order to cut back the tradedeficit he intends to use tariffs to do the same.
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