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Episode details

World Service,10 Nov 2016,49 mins

The Trump Economy

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What will President Trump mean for the US economy and America's trade relations with the rest of the world? There was a big drop in global markets as the shock election result came in, but that soon stabilised. So why the market calm, given Mr Trump had told voters he would fundamentally change the way the US does business with the rest of the world by ripping up its biggest free trade agreements? We hear from Paul Ashworth, Chief North American Economist at Capital Economics. Plus economist Dr. Irwin Stelzer of the Hudson Institute examines the feasibility of the president-elect's economic policies. One key indicator of the shape of Donald Trump's economic policies is the people he appoints to his team, and we are beginning to get some clues. Zachary Warmbrodt, financial services reporter for POLITICO, runs us through some of the possibilities. And beyond the potential US implications of a Trump presidency, what could be the impact further afield from the world's incoming most powerful man? One country that featured pretty prominently during the campaign was China - the BBC's Rob Young gives us the reaction from Beijing. We also hear from India and Australia. Plus will Californians, angry at Mr Trump's victory, really follow through on their pledge to break away from the Union? Roger Hearing is joined throughout by Madhavan Narayanan, columnist at the Hindustan Times in Delhi, and Peter Morici, professor of international business at the University of Maryland, in Washington. (PHOTO CREDIT: A broker at the stock exchange in Frankfurt, Germany, on November 9, 2016 as the TV screens shows Donald Trump's victory speech. DANIEL ROLAND, AFP/Getty Images)

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