Donald Trump Victory Ranked Among Top Ten Risks to Global Economy
Clare Hutchison - Independent
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March 17, 2016
The billionaire businessman has emerged as the clear frontrunner for the Republican party's nomination after winning the primary polls in Florida, North Carolina and Illinois on Tuesday. (Rhona Wise/Getty Images)
Donald Trump becoming US president poses a greater risk to global economy than an armed conflict in the South China Sea or Britain leaving the European Union.
That's according to a report by the Economist Intelligence Unit (EIU), which has included his possible victory in November's presidential election among its top 10 global risks.
The EIU said it does not expect the 69-year-old to beat his “most likely Democratic contender, Hillary Clinton,” but a terrorist attack on US soil or sudden economic downturn could make his entry to the White House more likely.
Should that happen, Trump's “hostile attitude to free trade, and alienation of Mexico and China in particular, could escalate rapidly into a trade war”, the EIU said.
Read the rest at Independent
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