5 December 2016
The Business Times – Views from the Top
Donald Trump’s victory in the U.S. will impact Asia massively
As the year 2016 draws to an end, there have been many upsets and surprises. Leon Perera, CEO of Spire Research and Consulting shared his insights in The Business Times – Views from the Top section on 5 December 2016 on the impact which Donald Trump’s victory will have on Asia.
Donald Trump’s victory in the U.S. elections presages a change in direction for US foreign and economic policy but in ways that are not yet completely predictable.
Perera opined that President Trump is expected to curb America’s economic and military engagement with Asia.
However, his commitment to improve expenditure for domestic infrastructure may contribute a growth boost to the US and global economy. His ability to push through his spending plans is plausible as Republicans control both houses of Congress.
Nonetheless, a volatile and cautious outlook is expected for 2017.
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