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.
The press radar on this topic:
The Trump economy: Slower growth, higher prices and a bigger national debt
World needs economic stability after a tough few years, but if Trump wins we’re unlikely to get it
Trumps Wirtschaftspläne: Zölle, Steuersenkungen und wenige Details
Welcome!

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