Make America Great Again Policies

Office of trade and manufacturing policy 5 3. Trade Agreement, Violations and Abuses Act 5 3. Aluminum import and threat to national security. Foreign policy plan 6 5 Policy Impacts 7 5. Positive impact on the United States and global economy 7 5. The paper also seeks to elaborate on the implications of the policies on the Multi National Enterprise (MNEs) from the BRICS (Brazil, Russia, India, China and South Africa) countries looking for investment in the United States and European markets. Background information The slogan Make America great again engulfed the United States politics since 1980. It was used by President Ronald Reagan (Kinsella, 2017). The slogan is expected to be the next pacesetter on the United States politics. After a period of 40 years, the slogan made a comeback with the current United States of America president Donald Trump.

The American people wanted change and eager to see he will grow the economy better than the previous presidents. His major policies included: 3. Global War on Terrorism War Act. The Act on Global war against terrorism was signed on August 18,2017 (Hansler, 2018). In the Act Trump proposed the idea of constructing am memorial mall for the remembrance and memories of the efforts by the United states military fight against terrorism. The aim of the idea was to generally boost the economic growth. The move may not favor the multi-national companies operating in the United States or the companies that would wish to expand the market to the United States. The order targets the United States owned companies and manufacturing groups. The executive order came in place on April 29 2017.

Trade Agreement, Violations and Abuses Act Trump beliefs that any business or trade deal that lead to more imports compared to export should be considered as a bad approach to the economy, job creation and innovations market as a whole (Vice, 2017). The United States accused China of ‘dumping’ their Aluminum in the country. A great percentage of American businesses and companies rely on affordable aluminum imports. A close of these channels may slow down the investment process from the external multinational companies that use Aluminum products. Foreign policy plan Donald Trump approach on foreign policies came as a shock to many. He opposed the formats and alignments of trading blocks that existed since the world war 11 period (Friedman, 2017). Britain tops as the best exporter of world services mostly in the United States.

Trump's policies target eliminating the cheaply manufactured goods and services, rather than the valued goods from Britain and other countries. Trump was open for bilateral talks with Britain, he assured his supporters that he was ready to work with Britain if elected and would involve bilateral talks (Trump, 2015). Donald trump victory made the pound gain strength against world economies. Negative impacts on the United States and global economy As much as the president Donald Trump administration being keen on making America great again policies, the country is facing some challenges that cannot be ignored (English. Other Central American countries at risk of being affected by the policies. Donald Trump is a big critic of globalization (Seidel, 2016), he threatened to hike taxation on the companies that insist on external investments.

If he succeeds in fighting globalization as stipulated in his policies, United States will trigger inconsistency on stock flows (Rodrik, 1998). The United States is the largest economy, therefore its withdrawal from the global markets incapacitates economies across the globe. European Union nations may risk being sanctioned by Donald Trump administration if the nations involve Iran in business (Buncombe, 2018). China The Chinese stock market indicates signs of being most affected by Donald Trump presidency. This tension and uneasy operation mode was facilitated by Trumps utterances during the campaign trail which claimed that China is manipulating the currency (Bouoiyour and Selmi, 2016). The Trump protectionist idea will automatically cause great harm to the trade flows and capital between China and United States. United States is the largest market for the goods coming from China.

The export from China accounts for approximately twenty percent of the global exports. The uncertainty about how Trump will implement the tariffs targeting South Africa is reaping big in gold prices. The investors are now rushing to get the product in a move of avoiding the market shakeups. Since South Africa is among the giant world Gold producers the nations product will giant confidence in the external markets. Brazil depends much on imported commodities, the move targeting imposition of tariff on products will greatly slow down the recession recovery process. India The Trump rise to power was a shocker to stock market in India. Russia being the largest energy producer will be favored by Trumps presidency. Impact of the policies to the Multi National Enterprises 7.

Positive impact Donald Trump Protectionism method may not affect the BRICS economies much since the development agenda for these nations do not rely much on foreign free trade and financing (Global Network Perspectives, 2016). The financing and free trade protects countries from potential foreign changes in policies governing the markets. The United States president and Russian leader Putin have similar characteristics. The Britain Brexit option was a move to protect the British workers and industries. Therefore this was a protectionism move. Britain was initially part of the European Union (Managementstudyguide. com, 2018). This indicates that the western world is embracing protectionism. The tariff came as a result of his strong stand on protectionist policies. Other nations such as Brazil, Australia, South Korea and Argentina will only be allowed to export specified quotas and volume limits imposed.

The groups from the BRICSS nations described the move as “unilateral measures that are incompatible with” international rules of trade. On 22nd march 2018, The United States president signed a Memo that targets imposing tariff on all Chinese imports. This is on a move to force the transfer of intellectual property. Works cited Kinsella, L.  The little-known history of ‘Make America Great Again’. online] NewsComAu. Available at: https://www. news. Available at: https://www. quora. com/What-does-%E2%80%9Cmake-America-great-again-mean [Accessed 31 May 2018]. Rodrik, D. Has globalization gone too far?. com/trump-the-presidency-and-policymaking/ [Accessed 31 May 2018]. Assets. donaldjtrump. com.  Immigration reform that will make America great again. online] Available at: https://www. whitehouse. gov/briefings-statements/president-donald-j-trump-year-one-making-america-great/ [Accessed 31 May 2018]. Dolowitz, D. P. bdi. eu/article/news/make-america-great-again-the-impact-of-donald-trumps-election-on-the-us-economy/ [Accessed 1 Jun. Campbell, A.

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