by Richard Cosgrove | Thu 07 Nov 2024
CEA (Construction Equipment Association) comment on Donald Trump’s election victory
"As we woke this morning (for those who did not stay up all night) to the news of a Trump victory in the US election, which was confirmed by winning the state of Wisconsin, we consider what this means for the UK Construction Equipment Industry. We hope the Trump administration will focus on growth, innovation, and technological advancement. As an organisation working for our members, with export being a significant part of what they do, we’re hopeful that trade policies will encourage open and fair exchanges. While the proposed universal tariffs and decoupling measures with China suggest a shift toward domestic focus, we trust these will be balanced to sustain valuable trade relationships and minimise unintended impacts."
"Our Prime Minister congratulated Trump earlier this morning with a statement reminding the President-elect of the UK-US special relationship and specifically mentioned innovation and tech. We know that innovation is what our members do best, so we wait to see what the new administration will bring,” said CEA (Construction Equipment Association) Director of Operations, Viki Bell.
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