Markets expect his policy package to harm trade and growth but reduce business taxes

Summary

Financial markets reacted quickly to Donald Trump’s return to the presidency, with higher share prices, a stronger dollar, and expectations of slower interest rate cuts.

Trump has outlined plans to cut taxes, impose high tariffs, restrict migration, and reduce regulations. Economists warn that his economic policies could hinder growth and drive up consumer prices, while benefiting corporate profits.

Trump’s tariffs, especially a 60% levy on Chinese imports, are expected to strain the eurozone.

Inflationary pressures from his policies may also challenge the Federal Reserve’s efforts to lower interest rates.

  • @NegativeLookBehindEnglish
    5•3 hours ago

    If they also win the House, how will they blame the democrats for their problems when they have total control?

    Sort of a rhetorical question.

    • Billiam
      4•2 hours ago

      Find any state where Conservatives have been in charge for two decades or more and you’ll have your answer.

    • @[email protected]English
      7•2 hours ago

      Simple. They say everything is the Democrat’s fault, and their idiot followers believe it, no questions asked. It’s been working in Texas for decades.