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Business

Is Trump Wall Street’s Brexit moment?

Is Trump Wall Street’s Brexit moment?
N&V Staff
July 17, 2016

Trump’s views on immigration rules and policies fall similarly with that of Brexit proponents. Will Trump administration make America another version of the Brexit in case he conquers this year’s November election?

(Adam Shell, USA Today) – Will the same scenario as that of Brexit voting last month happen in U.S. upon Donald Trump claiming victory and running America few months from now?

There is clamor from the investors on the possible impact that Trump administration might bring to U.S. trade and commerce.

It is important to know and take notice of the political and economic events and concerns in Europe today, which are seemingly highly possible to happen in U.S.

To recall, Trump expressly declared to bar entrance of Muslims in the country and recommended the construction of U.S.-Mexican border wall. This would-be imposition of entirely different immigration rules and policies would create a surprising impact on the economic activities of America and its foreign relations with Mexico and other states, opined the investors.

The global markets lost at least $2 Trillion stocks the day immediately following the Brexit voting and the U.S. stock market thereby suffered a significant jaw-dropping loss within the span of ten months from the day of the voting.

Following the Trump rules, a similar event might happen. Or, the fact of his having expertise and skills in business might prove the other way around and instead attract a positive trade and commercial impact.

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