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What A U.S. Economy Under Trump Will Look Like

DeFi Daily News by DeFi Daily News
November 9, 2024
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President-elect Donald Trump, is set to inherit the world’s leading economy. On the campaign trail, he offered many ideas for the future. One plan called for leaving about 93 million Americans off the hook for at least part of their income taxes. Trump has also called for tariffs of 10% to 20% on imports arriving in the U.S and a 60% to 100% tariff on Chinese goods. His plan to deport undocumented people could also have a far reaching economic impact. So, what’s in store now that Americans have cast their vote?

[00:48-02:31] Chapter 1: Inflation
[02:31-03:46] Chapter 2: Cutting taxes
[03:46-04:57] Chapter 3: Tariffs
[04:57-05:54] Chapter 4: Deportations

Produced and Edited by: Carlos Waters
Senior Producer: Shawn Baldwin
Animation: Jason Reginato
Additional Footage: Economic Club of Chicago, Getty Images
Additional Sources: American Enterprise Institute, Congressional Budget Office, Committee for a Responsible Federal Budget, Federal Reserve

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What A U.S. Economy Under Trump Will Look Like

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Tags: 2024 electionBidenbureau of labor statisticsbusiness newscnbccongressDonald Trumpeconomic indicatorsEconomicsEconomyFederal Reservefinanceglobal tradeGovernmentGrowthHarrisHousingInflationjobsMacroeconomicsMarketsMoneyMunicipal bondsNewsrentRepublicanstockstariffstax cutsTax Cuts and Jobs ActTaxesTrumptrump economyU.Sunited statesus newsus workforcewashington dc
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