Trump takes office

On January 20th, 2017, Republican Donald J Trump became the 45th president of the United States after his election triumph over Democrat Hillary Clinton. The unexpected outcome of the November 8 presidential election has raised many questions. In the coming weeks, the Fairplay team will assesses the likely shipping implications.

News & Analysis

17 Feb 2017
How could Donald Trump’s presidency impact fees for lawyers and other shipping professionals in New York? To quote one of Trump’s favourite adverbs: ‘Bigly’.
The EU had lifted its sanctions on trading with Iran.
26 Jan 2017
Marine insurers are increasingly wary of Iran-linked risk following Donald Trump’s ascendance to the White House and the possible reinstatement of sanctions.
25 Jan 2017
US president Donald Trump’s backing of the Keystone XL pipeline could increase future tanker demand if new pipeline flows from Canada push seaborne volumes from Venezuela and Mexico towards more distant buyers.
US president Donald Trump signs the executive order withdrawing from the TPP.
24 Jan 2017
China to benefit after the US exits TPP, while Vietnam, Malaysia, and Japan stand to lose – at least in the short term, believes IHS Global Insight's Biswas.
A strong dollar is expected to hit trading in oil and gas sector.
23 Jan 2017
The complexity of markets may come to frustrate President Trump’s ambitions in the oil industry if the strong dollar persists; the medium-term consequences could mean a hit on trade in crude that could have knock-on effects on other industries.
15 Dec 2016
As Donald Trump unveils his cabinet nominations, the regulatory landscape is looking better and better for the American maritime sector.

Commentary

No president in recent times has made trade such a high priority and none has had a stated objective of rolling back trade deals rather than expanding them.

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