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’.
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.
US president-elect Donald Trump
23 Nov 2016
The win for US president-elect Donald Trump has dealt another blow to the marine insurance market’s confidence in restoring closer business links with Iran.
 China president Xi Jinping
21 Nov 2016
If the US backs away from trade deals under President Trump, China will move quickly to fill the vacuum, experts say.
16 Nov 2016
Interest rates have already risen in the wake of Donald Trump’s election win and are expected to rise further in the years ahead. The question for shipping is: Could escalating interest costs push some borrowers over the brink?

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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