As the possibility of a second term for former President Donald Trump looms, UK companies may be bracing themselves for potential shifts in the landscape of transatlantic business dealings.

With Trump's campaign promises and proposed policies outlined, UK businesses engaging with US investors or customers, or seeking acquisition by US companies would benefit from considering how to strategize and adapt to the potential implications of a Trump White House on their interactions with US investors and acquirers.

One of the key areas of concern revolves around trade policies. Trump's advocacy for imposing tariffs on imported goods, particularly targeting countries like China, could have ripple effects on global trade dynamics. UK companies engaging with US parties may find themselves navigating a more protectionist trade environment. The imposition of tariffs could disrupt supply chains and impact the cost of goods, potentially affecting investment decisions and acquisition strategies.

On the economic front, Trump's proposals for tax cuts and regulatory reforms could present both opportunities and challenges for UK companies. While tax cuts may stimulate investment and economic growth, the impact on the US deficit and debt levels could raise concerns about long-term fiscal stability. UK companies exploring partnerships or acquisitions with US counterparts may need to factor in the implications of potential tax reforms and regulatory changes on their business models and financial projections.

Moreover, Trump's emphasis on energy independence and support for fossil fuel production could influence investment priorities in the energy sector. UK companies operating in renewable energy or clean technology industries may encounter shifts in market dynamics and investment preferences under a Trump administration focused on bolstering traditional energy sources. Understanding the evolving energy policy landscape in the US will be essential for UK companies seeking collaboration or investment opportunities in this sector.

In the realm of foreign affairs, Trump's approach to international relations and trade agreements could impact cross-border business collaborations and investment flows. His scepticism towards multilateral agreements, such as the Paris Climate Accords and NATO, may create uncertainties for UK companies engaged in global markets. Navigating potential changes in diplomatic relations and trade negotiations will require UK businesses to stay vigilant and adaptable in their international strategies.

The prospect of another Trump White House poses both challenges and opportunities for UK companies engaging with US investors and acquirers. By proactively assessing the potential impacts of Trump's proposed policies on trade, immigration, taxation, regulation, energy, and foreign affairs, UK businesses can position themselves to mitigate risks and capitalise on emerging opportunities in the evolving US business landscape. Adapting to the changing dynamics of US politics and policy will be essential for UK companies to navigate the complexities of transatlantic business dealings in the years ahead.

On the other hand, if President Biden continues in office for a second term, we can expect a more internationally focussed trade framework and continued emphasis on environmental policies with the move towards renewable energy. President Biden vows to “finish the job” if he is re-elected, progressing many of his first term policies.