The corporate world may seemingly prove to be a mix of blessings and curse after election of the Trump presidency. Many companies will undoubtedly benefit from the looser hand of the regulations with the promises made by Trump in order to bring back what USA had once mastered upon.
However, others could suffer from tougher protectionist trade measures and plans to accept healthcare and climate change initiatives; especially those already publicly identified by Mr Trump as failing his vision for a brighter America; these surprisingly include Apple, Ford and Amazon.
So, here are 5 companies that are likely to be under the limelight during the initial days of Trumps presidency as corporate concerns:
Curbing the tech sector power, “Amazon boss Jeff Bezos thinks I’ll go after him for antitrust. Because he’s got a huge antitrust problem.” Donald Trump, May 2016.
Establishing immigration controls in order to boost income & wages, and ensure that open jobs are offered to American workers first, “I’m going to get Apple to start making their computers and their iPhones on our land, not in China.” Donald Trump, March 2016.
Renegotiating the terms of Nafta, “Ford is moving all of their small-car production to Mexico. When I’m president, if a company wants to fire their workers and leave for Mexico or other countries, then we will charge them a 35 per cent tax when they want to ship their products back.” Donald Trump, October 2016.
“Bring trade cases against China, both in this country and at the WTO,” states the Trump policy.
Repealing and replacing the Obamacare, “What a mess. It never worked from day one. It was never destined to work. There was no way it was going to work.” Donald Trump, October 2016.
And here are those companies likely to observe a corporate boost:
UNITED STATES STEEL
“Put American steel made by American workers into the backbone of America’s infrastructure,” states the Trump policy.
Put American steel made by American workers into the backbone of America’s infrastructure – Trump policy.
Building an impenetrable physical wall on the US southern border – Trump policy.
ENERGY TRANSFER PARTNERS
“Approve private sector energy infrastructure projects — including pipelines,” states the Trump policy.
“Unleashing America’s $50tn in untapped shale, oil, and natural gas reserves, plus hundreds of years in clean coal reserves,” states the Trump policy.