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US election results have raised questions about the future of NAFTA and trade around the world, but economic rupture is not imminent. Policies must be determined, and the US system provides checks and balances. While it is too early to assess the impact of Trump’s presidency on automotive markets specifically, initial effects will likely include postponement of cross-border sourcing decisions.
While pharmaceutical stocks rose after Trump’s election, the President-elect’s promises to repeal several free trade agreements and the Affordable Care Act could negatively impact the pharmaceutical industry.