Trump’s Presidential Win Poised to Reshape Global Economy, Raising Concerns Among Economists

Benzinga 2024-11-07

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Donald Trump’s presidential victory signals substantial global economic impacts. The president-elect is pushing policies that could strain global trade, inflation, and government finances. Trump reclaimed the White House, with Republican control of Congress enabling him to legislate his agenda swiftly. His proposed tariffs could spike U.S. inflation and global economic stress, pressuring the Federal Reserve to adopt a tighter monetary stance. The IMF warns of slower global growth as Trump’s policies threaten economic stability.

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