Impact of President Trump's Economic Policies on Global Economies

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Global Business Environment
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Contents
Introduction....................................................................................................................................................3
a. Describe and explain how President Trump’s approach to economic policy impacts upon foreign
economies such as the UK or EU or China....................................................................................................4
b. Discuss and interpret how emerging economies are presenting opportunities for global expansion for
businesses using examples to illustrate your work........................................................................................6
c. Explain, using examples from your own research, how Governments use both fiscal and monetary
policies to stimulate economic activity and growth using trickle-down economics.....................................8
Conclusion...................................................................................................................................................10
References....................................................................................................................................................11
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Introduction
The Global business environment helps to analyses the threats and opportunities of the market. It
includes factors such as technology, political, economic, cultural and geographical. It assists in
adjusting the environment which helps in understanding the environmental factors to maintain
benefits of positioning goods and services in the market. Business environment influences the
international environment which affects the operating of the business. This is also affected by
trade laws. The Business environment helps the business to generate higher profits. The business
is the mixture of risk and benefits. It is the interconnection between the general environment and
task environment which affects the ability to reach the external goals. In addition to that
emerging economies are presenting opportunities for global expansion for businesses will be
discussed.
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a. Describe and explain how President Trump’s approach to economic policy
impacts upon foreign economies such as the UK or EU or China.
The largest financial market is being impacted by Trump’s policies affects the global market.
The structure of WTO regulation can be either negative or positive. Trump analysed the harm of
economy and financial future comes for greater force (Apăvăloaie, 2014).
Continuous banking deregulation
The presidency run by Trump tapped into a phenomenon which is not easy to understand. It is
analyses the banking environment consists the high risk. The objective of the Republican Party is
to separate commercial banking operations and investment operation. Commercial operations
include lending and depositing. Investment operations include trading, security creation, and
brokerage. The plan is maintained which includes separation of deposits from financial
speculation operation from big banks. It maintains a series of banking. It takes the interest of
consumers. The consumer financial protection bureau is for creating and protecting the financial
protection Bureau. Banks do not have the rights to defend themselves anymore. Trump settled
the $12 billion from errant banks from the citizens. It also involves deregulatory actions to reflect
trump anti-establishment campaign. The main objective is to increase wealth.
Tension rise in the auto war in the UK
The sense of isolationism and nationalism is Trump’s economic vision. The president introduces
supporting policies for anxiety provoking trade tariffs and increasing random imposing. The
automotive sector negatively impacts the market. The main focus is on economic policies. The
centre of automatic research has reported auto parts and present tariffs. It reduces the number of
domestic vehicle sales. The industry of German provides employment opportunities to 118000
employees of UK. The increasing value in tax will give impact on the jobs.
The populist Tyranny of the Trump tax cuts
The jobs and growth opportunity affects the UK workers by corporate tax reform bill. It helps to
increase the wealth of the country. The main focus of the president is to provide raise wages and
the creation of job opportunities for unemployed. It increases the value of share which is
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beneficial for shareholders. It provides less money on social programs and it provides extra care
to veterans with proper care. The average tax rate is of 18 per cent paid by UK companies. The
breaking of tax policy is being impacted by cooperation (Buckley, 2014).
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b. Discuss and interpret how emerging economies are presenting
opportunities for global expansion for businesses using examples to illustrate
your work.
During market expansion, the company capitalises the market opportunities of the business
environment. An emerging market needs to be understood first. The emerging market economies
grow and develop more advances. These five factors affect the emerging market (Cumming and
Zahra, 2016). Due to rapid changes, it also impacts the average per capita income. It undergoes
the rapid changes which help in economic growth. It creates the growth of the capital market. It
identifies global market trends for growth.
The famous countries for the famous emerging market include Brazil, China, India and South
Africa. It presents the opportunities and challenges to explore in countries. The experience of
rapid income growth creates progress for an emerging market. People of the country face many
challenges such as poverty and innovation at a lower cost. Global innovation drives the emerging
market. It is important to keep in mind to innovate emerging market trends. The audience is
attracted by pricing product or service offering at a low cost. The risk is generated from
emerging markets. The emerging market includes legal, political, social and financial system. It
is important to protect property rights, the culture of corruption, weak financial infrastructure and
law designed to impede trade. The success of emerging markets depends on the potential
challenges of the company. The biggest issue and challenges faced by the emerging market is set
in local areas. The local area is related to the trading of goods and services in the market.
Company benefits the plan and product of a definite market.
The thing analyses by the market are learning from mistakes is very important. It also discovers
the priorities of consumers. The key trend of setting emerging market understands of cultural
understanding, expectations, and priorities of culture. The rapidly growing countries take
advantages of opportunities for an emerging market. The political, legal, cultural and financial
are enter the market unprepared. The entering of the foreign market gives benefits to
international trade. The employment method allows companies to maintain the approach of
cultural climate, financial risk, and legal financial (Grosanu, et. al., 2015). It provides the time
and source to learn the market. Taking benefits of emerging opportunities is essential. It also
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researches on the market to know consumer behaviour, consumer taste, and preferences. It
observes the habits of the local market. For an example investing in the emerging market give
impact in a positive and negative way. It gives positive impact such as high growth rate and
opportunities in an emerging market. It helps to save time. It assists in reducing the risk by
diversifying of investment.
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c. Explain, using examples from your own research, how Governments use
both fiscal and monetary policies to stimulate economic activity and growth
using trickle-down economics.
Governments use both fiscal and monetary policies to stimulate economic activity
The Government uses Fiscal policies for the purpose of taxation and spending in the market..
The strategy used by the government to stimulate the economy producing goods and services.
Monetary policies help to increase the supply of money by the creation of more opportunities.
Fiscal policies - It helps to generate a high demand for goods and services. If the demand for
goods and services increases then demand production also increases. If the production of an
organisation increases it requires more staff for producing and manufacturing goods (Lilley, et.
al., 2014). It helps unemployed people to get employment opportunity. It increases the
requirement of production which increases the demand. Government helps an organisation for
speed up economic growth. According to the UK government, the economy is growing rapidly.
So, the government invests less money. The decrease in investment by government automatically
reduces the demand for goods and services. In this scenario business also slow down its
production which reduces the profits of an organisation. The reduction in business is impacting
the hiring of employees. There are various taxes which are imposed on Fiscal policies. The
decreasing taxes are tending to stimulate economic growth. The decreasing taxes impact the
funds of the country. It is related to spending or saving money. Increasing demand for production
increases the profits of the company. It also increases employment opportunities (Savrul, et. al.,
2014).
Monetary Policies - Modification action includes buying & selling of government securities,
modifying of reserve and modifying the interest rates. Expansionary and contradictory are two
types of monetary policies. Increase in the supply of money to reduce unemployment is the part
of expansionary policy. The contradictory policy is the opposite of expansionary policy. It
affects the money supply and inflation. Monetary policy is one powerful tool for government.
The monetary policies affect the issues of the country (Pikhart, 2014). It is essential to maintain
authorities’ prediction in the country. Monetary policy adjusts interest rates and flow rates. The
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increase in interest rates and an increase in money flow encourages spending. Creating a balance
in the economy is essential to maintain. These techniques are very useful. It helps to provide
accurate records and data. It fulfils the requirement of the UK by providing modifying interest
rates and reserves.
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Conclusion
In this report, it is concluded that Global business environment helps to generate job
opportunities and a strong economy. It handles the effect of pollution, climate change, and
another environment. It helps in sustainable development and growth of the country. It helps in
generating employment opportunity. It increases the production of goods and services. It hires
the new staff and it generates employment opportunity for unemployed people. Economic
approach of President Trump has been understood. It helps in the continuous growth of the
country. The global environment helps to reduce poverty. It helps to ensure the people, peace,
and prosperity of the country.
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References
 Apăvăloaie, E.I., 2014. The impact of the internet on the business environment. Procedia
Economics and finance, 15, pp.951-958.
 Buckley, P.J., 2014. International integration and coordination in the global factory.
In The multinational enterprise and the emergence of the global factory (pp. 3-19).
Palgrave Macmillan, London.
 Cumming, D.J. and Zahra, S.A., 2016. International business and entrepreneurship
implications of Brexit. British Journal of Management, 27(4), pp.687-692.
 Groşanu, A., Boţa-Avram, C., Răchişan, P.R., Vesselinov, R. and Tiron-Tudor, A., 2015.
The influence of country-level governance on business environment and
entrepreneurship: A global perspective. Amfiteatru Economic Journal, 17(38), pp.60-75.
 Lilley, K., Barker, M. and Harris, N., 2014. Educating global citizens in business
schools. Journal of International Education in Business, 7(1), pp.72-84.
 Pikhart, M., 2014. Implementing new global business trends to intercultural business
communication. Procedia-Social and Behavioral Sciences, 152, pp.950-953.
 Savrul, M., Incekara, A. and Sener, S., 2014. The potential of e-commerce for SMEs in a
globalizing business environment. Procedia-Social and Behavioral Sciences, 150, pp.35-
45.
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