What does President Trump mean for UK investors? How to profit from the Trump Trade
Daily MailThe victory of Donald Trump in the US election is expected to boost defence and oil and gas stocks, and lift cryptocurrencies. Trump victory: US stock market makes up more than 60% of the global market What will US election result mean for financial markets 'With Trump's victory now certain, bond yields have risen, in tandem with the dollar, while stocks have also responded positively in the US,' says Isabel Albarran, investment officer at Close Brothers Asset Management. What are Donald Trump's top policies - Slash corporation tax from 21 per cent to 20 percent, but even further to 15 per cent for companies making products in the US - New tariffs on imported goods - 60 per cent from China, and up to 20 per cent on the rest of the world - Build a strategic reserve of bitcoin - Personal tax cuts he introduced in his last term will be extended - Business deregulation, re-shoring of manufacturing jobs and penalising companies that move production abroad - US energy independence, which will support the domestic oil and gas sector Albarran expects the Federal Reserve to go ahead with an anticipated quarter point cut in US interest rates tomorrow, but says the pace of further easing may be more moderate. Donald Trump's win: Sectors which could benefit Defence 'Trump is expected to strengthen America’s defences which creates more opportunities for defence companies,' says Dan Coatsworth, investment analyst at AJ Bell. SPDR S&P 500 UCITS ETF FTSE RAFI US 1000 UCITS ETF US small and mid caps 'Trump's "America First" approach and potential tariffs, especially on Chinese goods, may create advantages for US-based small and mid-cap companies, says Darius McDermott, managing director of FundCalibre.