For a little over half a year, we started our journey in Miami reinforcing the presence of ATREVIA in America and its global positioning in the region. The city is, no doubt, the natural entrance gate to the United States for numerous Spanish and European multinational enterprises that appreciates its privileged geographic location and its relevance as an international financial hub. At the same time, it is an important platform for those American companies that are interested in conquering the Latin American market.
During this time, we have witnessed the arrival of Donald Trump to the White House and the change of course of his economic agenda that will affect citizens and enterprises all over the world. For this reason, in ATREVIA, we have developed an Out of Focus report in which we analyze the measures and policies that the Trump Administration has impelled during these first months in office.
The main conclusion of the report are the following:
- The economic agenda of Trump is well defined and operational. Escaping from the new situation would be strategically myopic; companies around the world should adapt themselves to the situation and identify new business opportunities.
- Steel, Oil, Gas, Carbon, Defense and Infrastructures are the big winning industries. Trump turns back to the big industries in the past, when the United States used to have a great industrial fabric. Steel, Oil, Gas, Carbon, Defense and Infrastructures are the big winners; healthcare, culture, foreign aid and sociocultural programs- the structure of a welfare state – are the big impaired ones. He hold a debt to his electorate, which is also the basic ideological approach of his administration.
- It would be hard to have factory salaries back to previous levels. The Trump administrations plan of creating new blue-collar jobs, with good salaries and working hours, is strictly against the industrial automation; cuts on research, and protection on national industry is a very risky bet. Even though the companies return, it would be extremely hard to return the salaries in the factories back to previous levels.
- Become more Americans to compete better. A tendency is been observed with the concrete idea that foreign companies that operate in the United States are required to become more American in order to compete and prosper.
- The Trump Administration will not close their doors to foreign companies and investors. The practical fact is that the US Government cannot close its boarders, and all the less when it pretend to carry on the multibillionaire infrastructure plan and the raise of defense budget to modernize its defense budgets.
- Business opportunities in five big sectors. Trade brokering of commodity and intermediate goods, public relations, importation of extraction technology, cybersecurity and social services that the Federal Government cease to provide are windows of opportunity to do business in the United States, for both public and private entities.
If you want to learn more about the activity of ATREVIA in Miami, please contact its director Mr. Javier Salgado via email: jsalgado@atrevia.com.
