How Trump's Presidency Could Reshape the U.S. Economy

President-elect Donald Trump's victory is already influencing the U.S. economy, with the stock market rallying due to expectations of reduced regulation. However, Trump's proposed tariffs on imports, particularly from China, could lead to higher consumer prices and reduced spending power, potentially offsetting benefits from his tax cuts. While some industries are adjusting to these changes, experts warn that the tariffs could increase the national debt and face legal challenges. The balance of power in Congress will be crucial for Trump's economic agenda.