Trump’s domestic priorities may weigh heavy on Gulf economies

While governments around the Gulf struggle to come to terms with what the looming Donald Trump presidency might mean for them in terms of changes to US foreign policy – an imprecise science given the lack of clarity or consistency from the president-elect – another aspect of the maverick billionaire’s victory ought to be rising up their list of concerns: the potential impact of his domestic policies, which could indirectly pile more pressure on Gulf currencies pegged to the dollar, leading to higher interest rates and slower economic growth.