Odaily Planet Daily News, deVere Group CEO Nigel Green said in a report that part of the reason Trump won the election is the Americans’ dissatisfaction with inflation, but he may not be able to cool prices as voters expect. Trump’s promise to impose tariffs on imported goods may have the opposite effect, as importers will pass on the additional costs to consumers. Green said, “While the goal is to protect American businesses, the reality is that these tariffs may exacerbate the inflationary pressures that Trump promises to alleviate.”
TD Bank economist Derek Holt said that after the U.S. election, businesses and markets have reason to be very cautious about the future. The sharp rise in protectionism is almost certain to overshadow the global economic outlook, becoming a negative factor for the U.S. and global economic growth. “Implementing fiscal stimulus in the U.S. economy with excess demand will once again trigger inflation risks and yield increases, the mixed effects of tax cuts and spending cuts are still uncertain, but the former may outweigh the latter and further increase the U.S. fiscal deficit.” Holt also believes that potential negative population impacts, negative investment impacts from limited investment in clean energy, and the chaos of the Supply Chain risk will bring risks.
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Kurumlar: Trump, düşüş enflasyon konusunda seçmenlerin istediği gibi olmayacak
Odaily Planet Daily News, deVere Group CEO Nigel Green said in a report that part of the reason Trump won the election is the Americans’ dissatisfaction with inflation, but he may not be able to cool prices as voters expect. Trump’s promise to impose tariffs on imported goods may have the opposite effect, as importers will pass on the additional costs to consumers. Green said, “While the goal is to protect American businesses, the reality is that these tariffs may exacerbate the inflationary pressures that Trump promises to alleviate.” TD Bank economist Derek Holt said that after the U.S. election, businesses and markets have reason to be very cautious about the future. The sharp rise in protectionism is almost certain to overshadow the global economic outlook, becoming a negative factor for the U.S. and global economic growth. “Implementing fiscal stimulus in the U.S. economy with excess demand will once again trigger inflation risks and yield increases, the mixed effects of tax cuts and spending cuts are still uncertain, but the former may outweigh the latter and further increase the U.S. fiscal deficit.” Holt also believes that potential negative population impacts, negative investment impacts from limited investment in clean energy, and the chaos of the Supply Chain risk will bring risks.