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    What does a Donald Trump presidency look like for the economy? 

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    By News Desk on November 7, 2024 Business, Europe, USA News, World News
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    What does a Donald Trump presidency look like for the economy? 

    On Tuesday, the United States voted for its next President. Donald Trump will take office in January (four years after he lost re-election). In the lead-up to the election, he made a series of promises to the American people – including 50% tariffs on Chinese goods and tariffs on all other imports of up to 20%, including for European countries. 

    He’s also promised to mass evacuate migrants – which could see 15 million people deported, which could also cost the Americans big. Some analysts suggest it will cost the US economy about US$65 billion for every 2 million people that are booted out of the country.

    Here are some opinions from academics and economists. 

    • November 7, 2024
    • Amelia Hadfield
    • Head of politics at the University of Surrey

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    • November 7, 2024
    • Conor O'Kane
    • Economist

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    • November 7, 2024
    • Renaud Foucart
    • Senior economics lecturer

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    WATCH: What does a Trump victory look like for the global economy?

    WATCH: What Trump’s Victory Means for the US Dollar, Global FX

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