From the desk of Hema Dey….
So it has been 6 days since Donald Trump got elected as the 45th USA President. International trade agreements have been a real issue during his campaign from TPP, NAFTA to deals made with China. Some of us are left hanging without understanding what to do or how to go about doing international trade. The truth is clarification on all uncertainties will not be revealed for a while. One thing we do know is that the TPP agreement has been put aside by the Obama Administration which has caused deflated motivation from TPP advocates from all around the world. We await now decisions from the Trump administration for further news, but until such time, it is business as usual. NAFTA was also brutally attacked as one of the worse trade agreements championed by President Bill Clinton. Some of us are shaking our heads thinking, whats going to happen to the supply chain all round!
Prime Minister of Canada, Justin Trudeau and President of Mexico Enrique Peña Nieto have both reached out to President-elect Trump with an olive branch to modernize NAFTA. Being 6 days, there has been no decision made around this but our team at Iffel are vigorously keeping in touch with updates from all sources so you can be better informed. In the meantime don’t be de-motivated as nothing has changed and nothing can be change overnight. I say stay focus on your sales strategies both domestically and internationally.
My recommendations short term:
The elections are now over, lots will be unfolding because this is an unprecedented election, offering many uncertainties and already “U turns” on policies are being made during Trump’s campaign. At the end of the day, if trade is benefiting a USA company, why would they change it. If it is working, I have a strong feeling Trump will not be foolish to cut ties with countries that have been long allies of the USA. Pull yourself up and lets get domestic and international trade talks open – starting now. Talk to me about your business. Remember exporting to all states in USA, requires a plan for each state.
Turn Your Website Into A Sales Engine.