Loading ...Analysis-Trump victory to reverberate through global economy – Reuters
Donald Trump’s victory in the race to become the next U.S. president will, if confirmed, have economic consequences for the rest of the world that are likely to be deep and quite immediate. As congratulations poured in from world leaders, Trump claimed on Wednesday he had been given a “powerful mandate” to rule.
If he enacts just a fraction of his pledges – from higher trade tariffs to deregulation, more oil drilling and more demands on America’s NATO partners – the strain on government finances, inflation, economic growth and interest rates will be felt in every corner of the world.
MSM continues the fearmongering……….