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Trump towers over trade finance

Donald Trump’s election last Tuesday may have only surprised pollsters but there was a mixed reaction in the trade financing space. The potential effects of Trump’s mooted policies will be felt across world trade and could potentially spell trouble ahead for the industry.

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Comments (3)

  • William Laraque
    William Laraque, US-International Trade Services 17 November 2016

    The suggestion that Donald Trump fix US Ex-Im found in another TXF article) is an engagement in a delusion from which I respectfully wish to disabuse its author. Mr. Trump has suggested that US Congressman Jeb Hanserling would be an appropriate candidate for Treasury Secretary. This intellectual midget once suggested that Apple and its growth was proof that US enterprises did not require government support in order to grow. Not only did Apple receive an SBA-backed loan in its infancy, a loan that catalyzed its growth, there is an even larger delusion. The US tax code has allowed such firms as Apple, GE and others to pay almost no taxes on their offshore earnings. Hensarling's comments, representative of the thinking of US policy-makers, should rank first in the Pantheon of economic absurdities.

  • William Laraque
    William Laraque, US-International Trade Services 17 November 2016

    Make that $85 trillion in global trade flows by 2025 please.

  • William Laraque
    William Laraque, US-International Trade Services 17 November 2016

    Trump cannot contain the global economic genie which is now out of the lamp. Regionalized e-commerce platform-led centers of influence will dominate the $85 billion in global trade flows by 2025 to a much greater extent than do multinational corporations and commodity traders do at present. In one day, Singles Day, China's Alibaba and Ant Financial supported by superb logistics, realized $17.7 billion in sales. Imagine if this capacity, this capability were globalize.

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