SUMMARY:
The 2024 election of Donald Trump as president marks a pivotal moment for the U.S. and global economies. Promising to revive the “America First” agenda, Trump’s economic platform focuses on tax cuts, aggressive trade policies, deregulation, and stricter immigration controls. While these policies aim to stimulate domestic growth, protect U.S. industries, and reduce foreign dependencies, they also raise critical questions about fiscal sustainability, inflationary pressures, and their ripple effects on global markets. This analysis explores the key components of Trump’s economic strategy, examining their short-term potential to boost consumer spending and investment while highlighting the medium- to long-term risks. From the impact of tariffs on trade and inflation to the challenges of reduced population growth and rising borrowing costs, the discussion aims to provide a comprehensive view of the policy trade-offs
AMIRMOHAMMAD VALIZADEH