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Trump 2.0: Tariffs, clean energy, and federal budget’s future

DeFi Daily News by DeFi Daily News
December 13, 2024
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#tariffs #cleanenergy #yahoofinance

With Inauguration Day a little over a month away the world is gearing up for President-elect Trump to make his return to the White House. Lots of promises were made by the president-elect during his campaign. Will he follow through with them? What will things like tariffs, clean energy, and the federal budget look like under this new administration? We get into it.
In this week’s episode of Capitol Gains, anchor Rachelle Akuffo, Yahoo Finance Anchor Akiko Fujita, and Senior Columnist Rick Newman talk about many of key issues making news headlines in recent days. The team talks anxieties surrounding Trump’s tariffs, the future of clean energy, and if anything should actually be cause for concern as we move forward into this new administration.
“There are companies that are very, very concerned about the potential for these tariffs, but there’s also this realization they kind of have an idea of how things played out last time,” Fujita explains, going into details regarding the history of Trump’s tariffs during his first administration. “And there’s sort of banking on that being the case this time around.”
Later, Penn Wharton Budget Model Faculty Director Kent Smetters joins the show to discuss DOGE, the federal budget, and forecast what needs to be done to get government spending under control.
Watch more episodes of Capitol Gains here.
Capitol Gains is Yahoo Finance’s unique look at how US government policy will impact your bottom line long after the Presidential election polls have closed.
This post was written by Lauren Pokedoff

Yahoo Finance: Market Coverage, Stocks, & Business News
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Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.

– Get the latest news and data at finance.yahoo.com

– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)

– Follow Yahoo Finance on social:

X: http://twitter.com/YahooFinance
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Tags: Bondsbudgetsbusinesscleanclean energyCurrenciesenergyEquitiesFederalfederal budgetfutureFXInvestingInvestmentMarketMarketsMoneyNewsNYSEPersonal FinancePoliticsSavingsStock marketstockstariffsTrumpYahoo FinanceYahoo FInance Premium
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