Another surprise election result

JUST when we thought results couldn’t get any more surprising than the June 23 Brexit verdict; Donald Trump wins the election for Presidency of the USA.

Businesses are worried that both decisions will impact international trade, and that’s probably right, but we won’t know what the true long term effects will be until a little further down the line.

We do know that changes in exchange rates have already impacted some businesses, with Brexit and the turbulent currency markets causing Manchester United’s debt to rise a massive 18 per cent to £338m!

The British Chamber of Commerce Export Britain website (exportbritain.org.uk) is a fantastic hub of information, whether you are already trading internationally and want some advice or you are yet to export but want to find out what the opportunities and market risks are.

As a member of the Greater Manchester Chamber of Commerce you also have access to their Export Documentation services which are well worth utilising.

This week Trade Export Finance Ltd in Stockport is hosting a seminar designed to help local businesses understand the implications and opportunities to export outside the EU, specifically the USA and China.

So, although it is a confusing time there is plenty of information out there if you know where to look. As a first port of call I’d encourage anybody that has questions on international trade in the aftermath of 2016 to contact a GM Chamber team member via their website gmchamber.co. uk.