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Election Economics: Will A Trump Win Upend Markets?

Many Happy Returns

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Economic Uncertainty Under Trump’s Second Term

This chapter analyzes the possible market reactions and economic implications of a second Trump presidency, particularly concerning trade tariffs and inflation. It discusses the potential backlash from trade partners like the EU and China, forecasting a mix of higher inflation and weaker economic growth due to proposed policies. The chapter critiques the rationale behind tariffs while exploring their historical context and the challenges posed by budget deficits.

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