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How the U.S. Election Will Affect the Economy

Ones and Tooze

CHAPTER

Economic Implications of a Republican Presidency

This chapter examines the potential economic policies of a Trump-led Republican administration, focusing on tax cuts, military spending, and the risks of increasing income inequality. It also discusses the possible consequences of tariff increases on the global trading system and the U.S. economy, including how these changes might affect lower-income Americans and provoke international reactions.

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