Donald Trump inauguration on January 20: The President-elect could shakeup the US economy on Day 1 with these 4 steps
The Feed Last Updated: Jan 03, 2025, 01:22:00 AM IST
Synopsis
Donald Trump’s inauguration ceremony is just a heartbeat away now, and there are reports that the President-elect is now thinking of tinkering with US economy plans right after getting sworn it at the US Capitol? What could this entail? ETMarkets.com Donald Trump has been a phenomenal figure in US politics throughout the previous year, based on his massive win against Kamala Harris, but now it is going to be a battle for setting his legacy, the countdown for which will start as soon as Trump completes with the inauguration ceremony, scheduled to take place on January 20, 2025.
Will Trump coming to power disturb the US economy? There are high chances Donald Trump coming to power will mean that the US economy will begin reacting differently than it did throughout 2024, when Biden was in power. Moreover, certain economic policies of his, including Trump tariffs is designed in way that it can trigger an inflation or stagflation in the US economy, say reports.
Trump is right now focused on the first day of his second term, but as soon as he ascends to the position of US President, the economic fallout that could brew up almost instantly, can take the stock market for a toss, and could even end Wall Street’s bull run in the coming days.
The mos
Read More