How will the US election result impact UK businesses?

摘要

Last week, following a few days of collective nail-biting, Joe Biden defeated Donald Trump in the 2020 United States presidential election. On 20 January 2021 President-elect Joe Biden will step into the White House, at a time when businesses in Britain will be juggling the economic fallout from the coronavirus pandemic with the new reality of post-transition-period Brexit, whatever that may look like. While business leaders won’t miss Trump’s noise, unpredictability or draconian work visa policies, Biden’s election leaves some important questions. How, for example, will his “special relationship” (or lack thereof) with Boris Johnson impact the UK? Moreover, Biden’s vocal opposition to Brexit and his proposals to hike US corporate tax rates and improve environmental regulations, could shape strategic decisions for British businesses, wherever they operate. Barring a late-stage Trumpian coup in the electoral college, how do business leaders think the incoming administration will impact their business?