Trump v Clinton – their economic policies and what it means for you
After the turmoil of Brexit, now is a good time to turn our attention to the implications of the Trump v Clinton battle ahead, especially their economic policies and what it might mean for you.
Both the Republicans and the Democrats are approaching their National Conventions, where they are fully expected to formally nominate Donald Trump and Hillary Clinton as their respective presidential candidates.
The American election will be held on Tuesday November 8th when the 45th President of the United States will be chosen. It’s likely to be a bitter contest as these two candidates actively dislike each other and have very different views on virtually everything – especially economics.
Opposing economic policies
But one of them will be elected President. And so, we’ve taken this opportunity to examine their opposing policies and give you a brief synopsis of their likely effect on America, its trade with the rest of the world and quite possibly, your savings and investments.
Undoubtedly, President Clinton would be much more ‘business as usual’, which the markets would look favourably upon, while a more outlandish President Trump would unsettle them, to say the least.
However, one thing’s for sure, whichever candidate wins, one of their major challenges as President will be to secure jobs in the face of cheaper foreign competition and raise the wages of the average American worker; no easy task.
We will be keeping a close eye on events as they unfold and will keep you informed of any implications on your finances but to find out more read our analysis here.