Inflation pain helped secure Trump win but his policies mean higher prices

Markets expect his policy package to harm trade and growth but reduce business taxes

Higher share prices. A stronger dollar. A less rapid pace of interest rate cuts. The financial market reaction to Donald Trump’s return to the White House was swift and predictable.

The man who will become his country’s 47th president has made no secret of what he plans to do: cut taxes, impose heavy tariffs on imported goods, place curbs on migration, and slash red tape.

Topics

5 key factors that could send Donald Trump back to the White House
Top stories - NBC News - 4 days ago
'Higher prices, larger deficits': 23 Nobel Prize-winning economists slam Trump agenda, endorse Harris
Business - CNBC - October 23
Inflation is going higher, this market strategist says. Here’s his master ETF plan to profit from it.
Business - MarketWatch - 3 days ago
Solanke double helps Spurs secure emphatic win against Aston Villa
World - The Guardian - 2 days ago
Economists expect higher inflation, deficits, interest rates under Trump than Harris: Poll
Politics - The Hill - October 14
What Lower Inflation Means For You
Top stories - BBC News - October 16
Harris's foreign policy must differ from Biden’s — even if it means copying Trump
Politics - The Hill - October 23
Trump Contends His Economic Policies Won’t Increase Federal Debt
Business - Inc. - October 16

Latest in World

Middle East crisis live: Israeli opposition leaders issue joint statement condemning Netanyahu for firing Gallant
World - The Guardian - 20 minutes ago
Badenoch makes jibes over Labour’s view of Trump as she spars with Starmer at PMQs – UK politics live
World - The Guardian - 20 minutes ago
Live Updates: Israelis Protest Firing of Defense Minister
World - The New York Times - 20 minutes ago
Dollar posts biggest gain in 8 years as Trump clinches victory
World - Financial Times - 23 minutes ago
US election 2024 live: Donald Trump defeats Kamala Harris to win historic second term as president
World - The Guardian - 26 minutes ago

Inflation pain helped secure Trump win but his policies mean higher prices

Topics

Related

5 key factors that could send Donald Trump back to the White House

'Higher prices, larger deficits': 23 Nobel Prize-winning economists slam Trump agenda, endorse Harris

Inflation is going higher, this market strategist says. Here’s his master ETF plan to profit from it.

Solanke double helps Spurs secure emphatic win against Aston Villa

Economists expect higher inflation, deficits, interest rates under Trump than Harris: Poll

What Lower Inflation Means For You

Harris's foreign policy must differ from Biden’s — even if it means copying Trump

Trump Contends His Economic Policies Won’t Increase Federal Debt

More from The Guardian

US election 2024 live: Donald Trump defeats Kamala Harris to win historic second term as president

Donald Trump elected US president in stunning political resurrection

How the Guardian will stand up to four more years of Donald Trump

Roars of delight from the Maga faithful as Donald Trump does the unthinkable

Racism, snipers’ bullets and Elon Musk: the Trump campaign in 10 moments

Latest in World

Middle East crisis live: Israeli opposition leaders issue joint statement condemning Netanyahu for firing Gallant

Badenoch makes jibes over Labour’s view of Trump as she spars with Starmer at PMQs – UK politics live

Live Updates: Israelis Protest Firing of Defense Minister

Dollar posts biggest gain in 8 years as Trump clinches victory

US election 2024 live: Donald Trump defeats Kamala Harris to win historic second term as president