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.
The ripple effects of President-elect Donald Trump’s win are already being felt throughout the U.S. economy as, experts say, his policies could have mixed results.
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.
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.
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.
The economy was a key issue for many voters frustrated by inflation and the overall state of the economy. The stock markets soared on the news that Donald Trump had won the election. NBC News' Christine Romans.
The COVID shutdowns — which began during the Trump administration but were the most strict under the governors of in blue states — kneecapped the economy and gave way to inflation. Working families scrambled to find work as housing prices jumped.
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