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Donald Trump and economic challenges in the world (2016-12-02)

Donald Trump and economic challenges in the world

Donald Trump’s win in the United States presidential election has caused concerns in global economy especially in economic relations between United States and the EU. The republican candidate’s harsh speech and campaign slogan in public meetings and his debates has caused an uncertain future cast a shadow over the economic procedure between United States and its allies.

Some analysts believe that Trump’s lack of attention to NATO and his unwillingness to EU may cause these movements and the world economy takes undergoing a downturn. In fact in the last few weeks we have witnessed a drop in stock markets and shares in most of the worlds. On the other hand, some analysts know Trump more as an economic man and a trader than a politician. This group believes that maybe the next president of the United States can help a lot in the economic development of the United States and the world, although US’s huge debts may prevent such progresses. According to Trump’s statements, America’s military budget cuts and the absence of the US in other countries may have fast and short-term effects on the US economical circle. Right now, stock markets and shares of many countries are waiting for power transfer in the United States until its effects on these markets and their probable shocks are recognized.

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