Impact of trump on us policies after winning 2024 elections

Nov 2024

FEATURED

11/30/20241 min read

As Donald Trump prepares for a potential return to the White House, a report by brokerage firm Nuvama Institutional Equities highlights the need for close attention to two critical policy domains—trade policy and fiscal policy.

After Donald Trump secured a closely fought victory against Kamala Harris in the 2024 US Presidential Election, Nuvama stated that it is too early to assess the potential impacts of Trump’s second term.

The brokerage anticipates that, in matters of trade, Trump may choose a multilateral strategy in the ongoing tariff conflict, which has so far been predominantly focused on China. This change might stem from the stagnation in US manufacturing growth and the persistent trade deficit, even after numerous efforts.