Trump to Reshape US Economy With Tariffs, Crackdown on Migrants
- Trump has promised more drastic moves than in his first term
- His proposed tax cuts may hinge on outcome of House race
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Donald Trump is returning to the White House, and the US economy is in for a wild ride.
The former and soon-to-be next president has promised an escalation of tariffs on all US imports and the biggest mass deportation of migrants in history. He also wants a say in Federal Reserve policy. Many economists reckon the platform adds up to higher inflation and slower growth ahead.