How Trump’s Reelection Could Influence Global Business
How Politics Shapes Business Strategy
Imagine you’re planning a long-term project, but the landscape could shift due to changes in global leadership. When a key figure like Donald Trump reenters the race, it raises questions: What policies will change? How will tariffs, trade agreements, and international relationships evolve?
TL;DR: Understanding the potential impact of U.S. elections on global business prepares professionals for upcoming challenges and opportunities.
了解美國選舉對全球商業的影響，使專業人士為即將到來的挑戰和機遇做好準備。
Key Impacts on Business
Trump’s policies on trade (貿易), tariffs (關稅), and deregulation (放寬管制) significantly influenced industries. For businesses in Taiwan, this could mean new opportunities for sectors like manufacturing and tech—but also potential supply chain disruptions. Anticipating policy changes, understanding risks, and preparing for shifts can make your business resilient to unpredictable changes.
Strategies for Businesses
Staying informed about leadership shifts in major economies is crucial. Business leaders should:
Monitor potential changes in trade and tax policies to adapt their export strategies.
Cultivate resilience (韌性) by building diversified supplier networks.
Use insights from political shifts to anticipate and navigate economic fluctuations.
Staying proactive prepares you for changes that come with leadership transitions, helping you to remain adaptable and competitive. Learn more about crafting a strategy by exploring our Framework!
Vocabulary Section:
Trade (貿易) - Business transactions involving the buying and selling of goods.
Example: “International trade policies impact the cost and availability of products globally.”
Tariffs (關稅) - Taxes on imported goods, affecting international pricing.
Example: “Higher tariffs on imports can raise product costs.”
Deregulation (放寬管制) - Reducing restrictions to stimulate business activities.
Example: “Deregulation policies often make it easier for small businesses to enter the market.”
Resilience (韌性) - Ability to recover from challenges.
Example: “Supply chain resilience is essential in a globally interconnected world.”
Policy (政策) - Rules or principles that guide decisions.
Example: “Government policies on trade directly impact local businesses.”
Diplomacy (外交) - Managing relationships between countries.
Example: “Strong diplomacy is essential for businesses that rely on international trade.”
