A Comparative Analysis: Trump's Economic Policies and Global Impact

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This essay analyzes the economic impact of President Trump's policies on the economies of the United Kingdom and China. It begins with an introduction outlining key economic policies related to inflation, unemployment, and economic growth. The main body provides a critical analysis of the effects on both the UK and China, examining factors such as foreign investment, trade relationships, and the implications of tariffs and international regulations. The UK is examined in terms of its relationship with US investment and trade, highlighting both positive aspects, like investments, and negative aspects, such as the impact of disrupted trade. The essay considers China's manufacturing policies and trade relationship with the US, including the effects of tariffs. The conclusion summarizes the positive and negative impacts and suggests strategies for mitigating negative consequences, such as discussing tariff policies and trade agreements.
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How President Trumps Approach
The Economic Policy Impacts Upon
economic Economies Such As The UK Or
EU or China
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Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
Critical Analysis.....................................................................................................................1
CONCLUSION................................................................................................................................2
REFERENCES................................................................................................................................3
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INTRODUCTION
President Trump has been announced key economic policies in reference to foreign
policies such as inflation, unemployment or economic growth. Sometimes others free like trade,
military spending or nationalization are important (Nölke, 2017) . The inflation rate in the year
2016-18 measured through consumer price index regarding to all rose item which id 1.3% in
2016 and 2.1% in 2017 and 2.5% year to date. The unemployment rate increase by 12% after
trump administration. Economic growth has been divided into annually, quarterly and
commentary basis which is 2.9% in 2018, 2.3% in 2017 and 1.5% in 2016, quarterly – 2.6% in
2018 (Q4), 3.5% (Q3) and 4.1% in (Q2).
MAIN BODY
Critical Analysis
There are defined about impact of president Trump economic policies in reference to UK
and china
United Kingdom - Positive – The U.S. Is the U.K.'s largest foreign investor which is measuring as US$24
billion for 2013 ans UK imports most of the products from US. So they have relationship
US$1.1 trillion regarding to Foreign direct investment. Trump policies can affect in
positive manner to stock market because US companies mostly invest in UK market.
Negative – U.S. Is the largest investor if it can not invest so their operation has been stop
and can not import thing from U.S. International rules and regulation affect in negative
manner because UK has been followed all rules strictly so as a result affect to their policy
(Guluzian, 2017) .
China - Positive - China is poised to experience substantial economic change show as fruition and
U.S. Is the largest destination of goods as made in China. They are accounting as 18% to
exports Chinese products. Manufacturing policy show as positive impact because China
has been supplied many products to US
Negative – Trump's thinking about china paying the tariff is wrong as a result argues
about direct benefit in reference to United States due to China pays them. Offer being
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seen as a result of NAFTA , the U.S. Has experienced a trade deficit so it will affect to
China GDP growth rate (Huang, 2017).
CONCLUSION
From the above discussion it has been concluded that Trump policy impact on the
economic policies of UK and China in positive and negative manner. To reduce implication of
negative activities need to prepare effective strategy and discuss with US ministers. UK has been
import much more products from US so as a result they can take much more tax so discuss to
charge sufficient amount and China has been discuss to about their Tariff policies.
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REFERENCES
Books and Journals
Nölke, A., 2017. Brexit: Towards a new global phase of organized capitalism?. Competition &
Change. 21(3). pp.230-241.
Guluzian, C.R., 2017. Making Inroads: China's New Silk Road Initiative. Cato J.. 37. p.135.
Huang, Y., 2017. Cracking the China conundrum: Why conventional economic wisdom is
wrong. Oxford University Press.
Inglehart, R. and Norris, P., 2017. Trump and the populist authoritarian parties: the silent
revolution in reverse. Perspectives on Politics. 15(2). pp.443-454.
Li, G., Hou, Y. and Wu, A., 2017. Fourth Industrial Revolution: technological drivers, impacts
and coping methods. Chinese Geographical Science. 27(4). pp.626-637.
Layne, C., 2018. The US–Chinese power shift and the end of the Pax Americana. International
affairs. 94(1). pp.89-111.
Tremewan, C., 2016. The political economy of social control in Singapore. Springer.
Economy, E., 2018. The third revolution: Xi Jinping and the new Chinese state. Oxford
University Press.
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