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    Home»World Economy

    How will a Trump presidency transform global trade?

    Team_NewsStudyBy Team_NewsStudyNovember 11, 2024 World Economy No Comments2 Mins Read
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    Unlock the White Home Watch publication free of charge

    Your information to what the 2024 US election means for Washington and the world

    President-elect Donald Trump gained a convincing victory final week on a protectionist financial platform, vowing to impose a 60 per cent tariff on all imports from China and levies of as much as 20 per cent on items from the remainder of the world.

    Numerous economists have warned that the financial path of journey beneath Trump will imperil world prosperity and will exacerbate inflation. Governments and world leaders have since been racing to ingratiate themselves with the Republicans in an try to keep away from the sharp finish of Trump’s commerce agenda.

    Many analysts have interpreted vice-president Kamala Harris’s defeat as a wholesale rejection of Bidenomics, an financial agenda that tried to reshore manufacturing jobs and spark growth of a home cleantech and semiconductor provide chain. Critics have mentioned its advantages have been restricted to a subset of unionised employees and value the US financial system jobs.

    The FT’s Alan Beattie, author of the Trade Secrets newsletter and column, alongside colleagues in Europe and the US, will reply your queries reside on how a Trump administration will rework world commerce.

    To participate, depart your query within the on-line feedback beneath this story. You too can upvote feedback you’ll most just like the specialists to sort out. They’ll reply to readers within the remark discipline from 3pm GMT on Thursday November 14.



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