Global Business Environment: Trump's Economic Impact on UK & China

This report analyzes the impact of President Trump's economic policies on the UK and China, focusing on trade, tariffs, and financial markets. It begins with an introduction outlining Trump's key economic policies, such as immigration decrease and protectionism, and their potential effects on foreign economies. The main body delves into the specific impacts on the UK, including the effects of increased tariffs, the trade war, and Brexit. It also examines the impacts on China. The report supports its arguments with references and critical analysis, evaluating the positive and negative consequences of these policies. The conclusion summarizes the long-term effects on the economies, emphasizing the importance of effective strategies for economic development. The report suggests that US-UK deals may help overcome the impact of Brexit. Overall, the report offers a comprehensive analysis of the global business environment under Trump's economic approach.

Global business
environment

INTRODUCTION
The economic policies of Donald Trump that were highlighted into his campaign pledges
involves immigration decrease, protectionism of trade, individual or reform of corporate tax and
many others. These gives few basis for judging that policies. Moreover, the trade as well as
experience of economic of foreign country an affect because of modification into global
economic approach (Hepburn and Teytelboym, 2017). This report covers the effects upon UK
Trade and economics in respect to President Trump approach upon economic policy.
MAIN BODY
Impact of President Trump’s approach.
Since the election of presidential, President Trump have considered as forceful approach
towards economical policies that has an affects upon various economies like Mexico, EU and
China. Moreover, after voting for Brexit In year 2016, so a debate goes on related to UK
separation from EU. As there is still an impactful experiences through nation because of
approach with President Trump have upon economical policies. For this, he taken a some action
such as increasing tariffs upon products from areas such as Canada, UK and many more, whose
values are above billions of dollars. The main reason for it is that President desire to gain
profitability from the enhanced tariffs.
The affects of this also some how drastic as well as have outcomes into trade war into
these economic system. For this, Trump have also obligatory various tariffs duty upon cars
imports and auto parts into U.S. Therefore, it have a pessimistic affects upon Auto industry of
UK. The other affects of this commerce war upon UK economy is that country have to suffer for
approx a hit of 2% because of this Donald Trump approach towards economical policies (What
will the impact of 'the largest trade war in economic history' be?. 2019). Also, there is another
affects upon economics and trade of United Kingdom with abstraction to Presidential ways. Such
as with enhanced tariffs and emerging scenario into country because of this war of trade, the
economic system of United Kingdom is experiencing a failure. The another cause is Brexit, so
the affects is somehow terrible. The outcomes of this is increased poverty into country. In
addition to this, the approach of President have also reduced economy that is likely to stay as it is
after this impacts.
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Moreover, as future future is concerned, this can be effectually asserted that UK economy
will have to experiences a delicate recovery (Evans, 2019). Also, US- UK deals will aids in
future in order to overcome from the Brexit impact. The trade will enhance into near future that
may bring optimistic and pessimistic aspects related to trade and economies.
CONCLUSION
As per the above report, it has been concluded that approaches towards country's
economic policy have long term affects upon economy that are related within nation. Moreover,
this is vital that approaches are effectively planned that outcomes into enhancing economical
development of country. In addition to this, affects of such approaches upon trade and economic
can aids country to consider and implement efficacious strategies.
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REFERENCES
Books and journal
Hepburn, C. and Teytelboym, A., 2017. Climate change policy after Brexit. Oxford Review of
Economic Policy, 33(suppl_1), pp.S144-S154.
Evans, O., 2019. The effects of US-China trade war and Trumponomics.
Online
What will the impact of 'the largest trade war in economic history' be?. 2019. [Online] Available
Through: <https://www.independent.co.uk/news/business/analysis-and-features/trade-
war-explained-tariffs-donald-trump-us-china-imports-exports-a8434626.html>
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