The election of Donald Trump as U.S. president creates new uncertainties for the global economy at a time when growth is already fragile, and overseas markets are reacting accordingly. Due to fear of Trump’s promised protectionist approach to trade and “America-first” policies, the day following the election the Nikkei index in Japan fell more than 900 points, The Philippine Stock Exchange sank to a 7-month low, and billions were wiped from Australian Security Exchanges. Foreign exchange expert Pablo Soria de Lachica discusses these early consequences of Trump’s proposed policies, and the long-term impact his actions will have on economies outside of USA. Following a campaign marked by fiery anti-foreign rhetoric, radical promises and shifting positions on key issues, many are uncertain about the direction in which President Elect Trump will take the world’s largest economy and consumer market. As a…