Trump’s challenge: Can he stop conflict in the South China Sea?

Ironically, it would be China, the subject of many of Trump’s tirades, that could emerge the big victor as uncertainty over Washington’s future commitment to Asia pushes countries into dealing more closely with Beijing. He said he would fight back against unfair trade, restore United States manufacturing jobs, and create jobs through spending on infrastructure.

There is already some evidence to support these positions. “Someone like Trump doesn’t seem to understand or care”.

“They realize that Trump would be such an unmitigated disaster for America and America’s place in the world”, Stone Fish says.

“He could do a lot”.

Logan argues that, while policies like tax breaks might give the economy a short-term boost, mass deportation of illegal immigrants and aggressive trade policies aimed at reducing trade deficits will likely have a negative effect pretty quickly.

Donald Trump’s upset victory over Hillary Clinton last night is bound to stir up fears of instability and uncertainty in East Asia, a region that was nearly entirely ignored during the campaign.

And the Canadian government’s immigration website crashed on the news that voters in the United States had chosen the highly controversial and divisive NY real estate developer Donald Trump as their next president. Trump has threatened to impose big tariffs on imports from certain countries to force concessions to trade deals.

However, Hufbauer says, “my guess is that he won’t do all the bad things he talked about in the campaign right off”.

Trump had earlier claimed that Americans are living through the “greatest jobs theft” in the history of the world, saying United States companies were moving out jobs to countries like China, Mexico and Singapore. “China sees the grouping as a threat to its own regional trade ambitions”. Those in the top 0.1 percent would enjoy a tax cut of more than $1 million.

Trump, as part of his “Seven-Point Plan” to rebuild the USA economy, has stated that he intends to “use every lawful presidential power to remedy trade disputes if China does not stop its illegal activities”.

Trump has already been congratulated by British Prime Minister Theresa May who said that Britain and the United States have an “enduring and special relationship” and that the two would remain “close partners on trade, security and defence”. And, of course, President-elect Trump may think differently than Trump the presidential candidate. Under the rules of the trade pact, any member can withdraw with six month’s written notice, and the American president can call for additional duties if trade terms unfairly advantage Canada or Mexico.

Still, Trump could slowly strangle NAFTA by “making life potentially difficult” for firms doing cross-border business, Prasad said. Take our quiz and let us know. “In turn, Sino-US relations may see dramatic renegotiations, including sharpened conflicts of interests”, the editorial said.

Even before the vote, about half of the economists surveyed by CNNMoney last week said they believed there will be a recession at some point in the next four years.

Meanwhile, Trump’s victory is likely to lead to a shift in U.S. Federal Reserve policy.

But rarely, if ever, have two global powers been so intrinsically linked economically while sitting on different sides of so many other issues.

“Donald Trump is going to be our president”.