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Trump Manifesto

Trump's economic policies, including tax cuts, trade tariffs, and immigration restrictions, aim to boost growth but may also lead to negative consequences such as inflation, labor shortages, and trade tensions. While tax cuts could enhance employment and investment, tariffs may increase consumer prices and provoke retaliatory measures from other countries. Overall, these policies create uncertainty and could impact both the US and global economies in various ways.

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Waseem Bulledi
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34 views1 page

Trump Manifesto

Trump's economic policies, including tax cuts, trade tariffs, and immigration restrictions, aim to boost growth but may also lead to negative consequences such as inflation, labor shortages, and trade tensions. While tax cuts could enhance employment and investment, tariffs may increase consumer prices and provoke retaliatory measures from other countries. Overall, these policies create uncertainty and could impact both the US and global economies in various ways.

Uploaded by

Waseem Bulledi
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Trump's Economic Policies

1. Tax Cuts: Trump's tax cuts aim to boost economic growth by reducing taxes and regulations. This could
lead to increased investment, job creation, and economic expansion ¹.

2. Trade Policies: Trump's trade policies, including tariffs on imports from countries like China, Mexico,
and Canada, could have a negative impact on the US economy. This could lead to higher prices for
consumers, reduced exports, and potential trade wars ¹.

3. Immigration Policies: Trump's immigration policies, including restrictions on immigration and


increased deportations, could lead to labor shortages, reduced economic growth, and negative impacts
on industries reliant on immigrant labor ².

Impacts on the USA Economy


1. Economic Growth: Trump's policies could lead to increased economic growth, at least in the short
term. However, the impact of tariffs and immigration policies could be negative ¹.

2. Inflation: Trump's policies could lead to increased inflation, particularly if tariffs are imposed on a wide
range of imports ¹.

3. Employment: Trump's policies could lead to increased employment, particularly in industries that
benefit from tax cuts and deregulation. However, immigration policies could lead to labor shortages ².

Impacts on the World Economy


1. Global Trade: Trump's trade policies could lead to a decline in global trade, as other countries retaliate
against US tariffs. This could have negative impacts on economies around the world ¹.

2. Currency Fluctuations: Trump's policies could lead to fluctuations in currency values, particularly the
US dollar. This could have negative impacts on economies with significant trade exposure to the US ¹.

3. Investment and Growth: Trump's policies could lead to increased investment and growth in some
sectors, particularly those that benefit from tax cuts and deregulation. However, the impact of tariffs and
immigration policies could be negative ².

Lessons to be Learned
1. Uncertainty: Trump's policies have created significant uncertainty, making it challenging for businesses
and investors to make informed decisions ¹.

2. Trade Tensions: Trump's trade policies have led to increased tensions with trading partners, potentially
threatening global economic stability ¹.

3. Economic Growth: Trump's policies could lead to increased economic growth, at least in the short
term. However, the impact of tariffs and immigration policies could be negative ¹.

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