2024-07-16 20:09:42
Economy
Politics
Finance

Debts, Inflation, Trade War: Trump's Return Would Be a Shock for the Economy

If Donald Trump were to win a second term as President, it would have dire consequences for the economy. Economists fear that Trump's plans, such as a debt explosion and trade war, would cause devastation on a global scale.

Trump's first term saw him create trillions of dollars of new debt, primarily through tax cuts for the wealthy. If he extends these tax cuts, it would add even more debt.

This would likely lead to a debt crisis and higher interest rates, inflation, and less growth. A second Trump administration could also mean an all-out trade war, with tariffs on all imports to the US and heightened tensions with China.

The consequences of this would be far-reaching, with negative impacts on the global economy. Furthermore, Trump's economic agenda includes hollowing out the state and using it as a weapon against his opponents.

Overall, a Trump victory would bring radical changes and great surprises for the economy, and not in a good way.

n-tv.de
16. Juli 2024 um 14:23

Debts, Inflation, Trade War: Trump's Return Would Be a Shock for the Economy - n-tv.de

Politics
Economy
Finance
Debts, Inflation, Trade War Trump's Return Would Be a Shock for the Economy After his re-election, Donald Trump wants to make a radical change of course not only in politics: Total isolation from the outside world, extreme deregulation of the US economy internally. Top economists speak of another fatal round of "Russian Roulette". It is now official: Donald Trump is the Republican presidential candidate. Even though there was hardly any doubt about his nomination beforehand, it makes it a little..
Al Jazeera
16. Juli 2024 um 16:12

The Trump economy: Slower growth, higher prices and a bigger national debt

Politics
Economy
Trump's economic agenda for a second term includes raising tariffs, cutting taxes, and deporting millions of undocumented migrants. This is likely to lead to higher inflation, slower growth, and a larger national debt. Tariff hikes would raise consumer prices, while restricting immigration and tax cuts would further stoke inflation. The Federal Reserve may respond with more interest rate hikes, increasing recession risks. Biden's approach would involve more targeted tariffs and less extensive..
The Guardian
16. Juli 2024 um 15:56

World needs economic stability after a tough few years, but if Trump wins we’re unlikely to get it

Politics
Economy
Finance
Trump's protectionist, incoherent, and dangerous economic strategy threatens trade wars with China, inflation, and global instability. Unaffordable tax cuts could worsen debt and interest rates, while Trump's weak dollar preference risks strengthening in crises, hurting indebted poor nations. Biden has delivered for workers through infrastructure and manufacturing boosts, and the Inflation Reduction Act's green subsidies, but voters feel poorer despite economic gains. Trump has convinced many..
Inc.com
16. Juli 2024 um 17:33

Trumps Wirtschaftspläne: Zölle, Steuersenkungen und wenige Details

Trump plant Zölle auf Handelspartner, keine Steuern auf Trinkgelder und eine niedrigere Körperschaftssteuer, liefert aber nur wenige politische Details. Redner argumentieren, dass er die Inflation beheben und den Wohlstand zurückbringen wird, aber Ökonomen warnen, dass seine Ideen die Inflation verschlimmern und der Mittelschicht schaden könnten.
CW

Account

Waiting list for the personalized area


Welcome!

InfoBud.news

infobud.news is an AI-driven news aggregator that simplifies global news, offering customizable feeds in all languages for tailored insights into tech, finance, politics, and more. It provides precise, relevant news updates, overcoming conventional search tool limitations. Due to the diversity of news sources, it provides precise and relevant news updates, focusing entirely on the facts without influencing opinion. Read moreExpand

Your World, Tailored News: Navigate The News Jungle With AI-Powered Precision!