U.S. voters’ decisive swing toward President-elect Donald Trump reflects dissatisfaction with recent inflation, as well as deeper fears about slipping financial security.
With his threat to impose tariffs on all imported goods, the rest of the world will have to learn how to better work together, without becoming too dependent on each other.
Roughly two-thirds of voters rated the economy as “not so good” or “poor,” compared to just one-third who rated it as “excellent” or “good,” exit polls found.
President-elect Donald Trump’s plans for higher tariffs, lower taxes and more curbs on immigration are expected to reignite inflation but economic forecasters are divided over whether they’ll weaken or boost the U.S. economy in the near term.
The U.S. presidential election result has ensured a sharp turn in economic policy expected to upend global commerce and diverge from decades of American norms.
President-elect Donald Trump tapped into deep anxieties about an economy that seemed unable despite its recent growth to meet the needs of the middle class.
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