President Donald Trump’s second-term agenda promises dramatic shifts in U.S. economic policy.
Mainstream forecasts indicate Trump’s second-term economic approach risks higher inflation and weaker growth.
U.S. consumers will likely feel a squeeze from rising prices, and businesses could face a more uncertain, supply-constrained environment dampening hiring.
The danger isn’t an immediate collapse, but a steady buildup of inflation, economic inefficiencies, and mounting debt—conditions that could eventually lead to stagflation or even a “Trumpcession.”
Tariffs could cost households thousands more per year, while mass deportations would shrink the labor force and raise costs in critical industries. Meanwhile, Trump’s tax and spending proposals are projected to add trillions to the national debt, driving up interest rates and straining both federal and local budgets.
The risks to everyday Americans—and to the broader economy—are real. The road ahead may be marked by higher costs, fewer jobs, and greater instability.
China announced a 50% tariff on U.S. imports, escalating trade tensions. Stock markets dropped globally, raising recession fears.
U.S. consumer sentiment dropped sharply in April amid trade war concerns, with the University of Michigan’s index hitting its lowest since COVID-19.
Federal Reserve Chair Jerome Powell warns that new Trump tariffs could lead to higher inflation and slower U.S. economic growth, complicating Fed policy.
China announced a 50% tariff on U.S. imports, escalating trade tensions. Stock markets dropped globally, raising recession fears.
U.S. consumer sentiment dropped sharply in April amid trade war concerns, with the University of Michigan’s index hitting its lowest since COVID-19.
Federal Reserve Chair Jerome Powell warns that new Trump tariffs could lead to higher inflation and slower U.S. economic growth, complicating Fed policy.