Summary
Trump will inherit a strong economy and numerous infrastructure projects initiated under President Biden, including high-profile ventures like the TSMC chip plant and Hyundai EV factory.
Though Trump criticized Biden’s policies on the campaign trail, analysts expect he may continue these projects and take credit for their benefits.
While Trump has proposed rescinding certain Biden-era funds, political and economic factors could lead him to maintain EV incentives, especially given Elon Musk’s endorsement.
Economists note challenges remain, including high government debt and voter frustration over inflation.
- Jesus26•1 month ago