Lord Darroch, former UK Ambassador to the United States shared insights on the US and UK relationship and US Foreign policy at our most recent Family Investment Conference in London.
I've been talking about what the American election outcome
means for the UK and for the world.
I hadn't necessarily expected to have a clear winner
by the time I talked, uh, today,
but actually against all expectations and against the polls.
Donald Trump has won more easily than we expected
and uh, has already been declared the winner.
And, uh, we now know that uh, we have four years
of Donald Trump 2.0.
It's an historic moment 'cause he's the first president
since Grover Cleveland in the 1890s
to win two non-consecutive terms.
He has quite a radical agenda in
particular for the business world.
He's talking about introducing global tariffs on imports
into America, maybe 10
or 20% in the case of European companies exporting
to America, which I think will have a big
possibly quite damaging effect on the global economy.
We shall see. And he has some radical ideas about
how he's going to deliver a peace deal in Ukraine,
which I think is going to be quite a stretch.
But there's a huge amount talk about, huge amount
to think about, and this is going to be a radical change
of direction for America from the Democrat
administration over the last four years.
So there is a lot to try to anticipate and work through.