In the January 26, 2017 article of the Miami Herald, South Florida business leaders focused on an economic wild card that few has predicted: President Donald Trump. The new president’s policies on trade, finance, immigration and healthcare could have a greater impact — positive and negative –on South Florida than on other regions less closely tied to foreign markets, noted Thursday’s speakers.
But Tony Villamil, an economist, Founder and Principal at The Washington Economics Group, Inc. (WEG) and former official in the George W. Bush Administration, summed up the attitude of many of the 275 attendees at the Greater Miami Chamber of Commerce ‘s 2017 South Florida Economic Summit, he urged “calma” and added “take it easy. Let’s see what happens.” On the trade war, Villamil said “if we turn protectionist with the North American Free Trade Agreement and other trade agreements, that would have a very detrimental effect on our economy in Florida because we are a global trade and global investment center. Read full article here.