Trump's Economic Impact: What a Second Term Could Mean for Americans

Economists warn that President-elect Donald Trump's proposed policies, including sweeping tariffs, mass deportations, and tax cuts, could lead to increased inflation, countering the high prices that helped him get elected. These measures may force the Federal Reserve to raise interest rates, increasing borrowing costs for Americans. While Trump's team argues these policies will lower prices, experts suggest they could result in higher consumer costs and inflationary pressures, particularly if tariffs are broadly applied and labor markets are disrupted.