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

Attorney General Jeff Sessions
13 Jun 2017
The Trump administration is once again unravelling Obama-era policy – this time potentially benefiting shipowners in oil dumping cases. 
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.
Image of Wilbur Ross.
30 Nov 2016
US president-elect Donald Trump has officially confirmed that billionaire Wilbur Ross – who has significant holdings in the shipping sector – will be the nominee for secretary of commerce.
Elaine Chao
30 Nov 2016
Former minister with family links to shipping is top pick to head the US Department of Transportation.

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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