What Trump's historic election victory means for the global economy [CNBC]
MACQUARIE GROUP LTD S/ADR (MQBKY)
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Source: CNBC
The former president's litany of campaign pledges include steep tariffs, tax cuts, deregulation and a push to withdraw from key global agreements. Oxford Economics's Ben May said the direct impact of Trump 2.0 on global growth could be limited in the near term, “but masks major implications for trade and the composition of growth, and for financial markets.” Donald Trump 's election victory over Vice President Kamala Harris marks a historic return to the White House — an extraordinary political comeback that is likely to have seismic ramifications for the global economy. Speaking to his supporters in Florida early Wednesday, Trump said an “unprecedented and powerful mandate” would usher in “the golden age of America.” The former president's litany of campaign pledges include steep tariffs tax cuts deregulation and a push to withdraw from key global agreements Analysts say it is hard to pin down the extent to which Trump will seek to implement these measures in his second fo
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