Lincolnshire

Trade doors could open with President Trump, says Lincolnshire county councillor Colin Davie

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Lincolnshire could benefit from new trade deals under the presidency of Donald Trump, one county councillor has claimed.

Councillor Colin Davie, who is the portfolio holder for economic development at Lincolnshire County Council, has been in Saint Petersburg, Florida, to witness the shock result.

Against the expectation of pollsters and most predictions, Donald Trump defeated his Democratic rival Hillary Clinton in a number of key swing states such as Florida to become the 45th President of the United States of America.

Trump will become the first president ever to have not been elected to political office or served in the military.

Financial markets around the world slid sharply with Trump’s unexpected triumph, causing the FTSE 100 to fall to 3%.

His victory speech appears to have helped to smooth over the markets, bringing the US dollar back to being only slightly lower against the Euro.

The Mexican Peso, on the other hand has hit a record low, perhaps underlining a sign of potential unease after Trump’s suggestions earlier in the campaign that Mexico would have to pay for a wall to be built on its border with America.

That issue has been one of many which has divided the American electorate, with some commentators and politicians comparing it to the Brexit vote in the UK.

However, Councillor Davie said that the election of Trump could boost our trade relationship with America.

He said: “For Lincolnshire, it is incredibly important that our country has a solid and stable relationship with the new president. Some 850 businesses in our county trade with North America, there are many two-way relationships and many businesses have approached us about how they can export to this vital market.

In the East Midlands, our relationship with the US is worth some £2.4 billion per annum.

“We should also remember the new president’s promise to put our country at the front of the line for a trade deal.

“Our prime minister and her ministerial team should be planning the earliest possible meeting with the president elect to deliver that deal.”

Councillor Davie echoed Trump’s repeated assertions of alleged similarities between the US election and the UK’s historic vote to leave the European Union on June 23.

The Lincolnshire county councillor was an outspoken backer of Brexit.

He added: “What Trump recognised and the Democrats failed to understand was the enormous disconnect and anger ordinary working people feel towards their government in Washington.

“It is not our job to criticise the American people’s choice of who leads them but for us to ensure that we work closely with the new president and his team so that both our economies grow and thrive in the future.”