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..
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, inflation, and global instability. Biden's Inflation Reduction Act aims to stimulate green growth, but voters feel poorer despite economic gains. Trump has convinced many Americans the economy is worse than reality, putting Biden at risk. The world needs stability, but a Trump victory would mean the opposite, with potential for stagflation, Fed pressure, and a cold war with China.
EL PAÍS
16. Juli 2024 um 14:37

The markets start to anticipate a Trump victory

Finance
Politics
Economy
The markets are anticipating a Trump victory, with the private prison sector and gun manufacturers performing well. A Trump presidency is expected to bring lower taxes, higher tariffs, and fewer regulatory controls, benefiting certain industries like banking, healthcare, and oil. However, the potential for increased trade tensions and inflationary pressure could complicate the Federal Reserve's monetary policy decisions.
Al Jazeera
16. Juli 2024 um 16:12

Die Trump-Wirtschaft: Langsames Wachstum, höhere Preise und eine größere Staatsschuld

Politik
Wirtschaft
Trumps Agenda für eine zweite Amtszeit umfasst die Erhöhung von Zöllen um bis zu 60 % auf chinesische Importe, die Abschiebung von 15-20 Millionen undokumentierten Migranten und Steuersenkungen. Dies würde die Inflation erhöhen, das Wachstum verlangsamen und die Verschuldung erhöhen. Zölle würden die Preise in die Höhe treiben, eine restriktive Einwanderung würde die Inflation anheizen, und Steuersenkungen würden dies weiter befeuern. Die Fed könnte die Zinssätze erhöhen und so eine Rezession..
CW

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