- Trump in stronger position than at start of first term in 2017
- Markets currently betting on higher US inflation and Fed interest rate path
- Has proposed a more protectionist trade policy, closely associated with the “America First” agenda
- Promised stricter immigration policy, to protect American jobs, reduce illegal immigration, and strengthen national security
- President-elect has proposed a more expansionary fiscal policy; seen as a boost to GDP growth, while concerns about US long-term fiscal sustainability might intensify
- Wants European countries to take on more responsibility for Ukraine defence, raise their own defence spending
- Rollback of environmental regulation could lead to more oil and gas production
Trump: Strategies of Tension
Global & Regional Focus Notes
18 November 2024
See also
