The Economic Impact of the 2016 U.S. Presidential Election
The result of the upcoming U.S. presidential election could greatly impact global trade and Swedish companies doing business in the U.S. The contrasting policies of both major party candidates reveal a number of scenarios that could occur during the coming term. The worst case scenarios include immigration restrictions, targeted duty and tariff increases, an abandonment of free trade negotiation, and a general economic slowdown. The best case scenarios include immigration reform, the stimulation of trade deal negotiations, increased infrastructure spending, and an increase in the federal minimum wage. Any of these scenarios could occur during the next administration; the likelihood of each will depend on both presidential and congressional election results.
The policies debated during this election cycle affect Swedish businesses in a number of areas, including incorporation, recruitment, relocation, expansion, and export. Although new legislation is slow and difficult to pass within the United States, Swedish companies may need to consider how the outcome of this election will affect their ease of doing business in the United States.
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