Optimistic outlook: SAP believes Trump would secure new bilateral trade deals to compensate for business lost as the US retreats from global, multilateral trade pacts.
THOSE who hoped Donald Trump would become more statesman-like in style and middle-of-the-road in policy matters after his inauguration had their illusions dashed when the new United States President moved straight into action to fulfil his election pledges.
The world and the world order has to prepare for major shocks. It will be far from business as usual. And while other powerful countries can prepare tit-for-tat counter-moves when President Trump strikes, most developing countries won’t have the means, and may suffer the most.
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