The American elections are now over: Donald Trump is back in the White House. After a decisive victory, he intends to roll out an ambitious program for the United States, where economy, energy sovereignty, and immigration management take center stage. Between increases in customs duties, tax breaks and encouragement for national production, Trump wants to redraw the map of international trade. His plan in detail.
The elections in the USA: a return of Trump with a protectionist program
Given its 4 Bitcoin promises, Donald Trump also wants to mark its return with protectionist measures . For him, the United States must regain control of their economy by renegotiating their trade agreements and reducing their dependence on imports, particularly on China.
Concretely, he proposes to establish customs duties of up to 10% on all foreign productss, with peaks of 200% for certain cars imported from Mexico. This policy, justified bydesire to reduce the trade deficithowever, could lead to increased inflation, a point of concern for many economists.
By attacking China, Trump wants drastically reduce Chinese imports of technological, pharmaceutical and steel products. Ultimately, he even plans to ban Chinese companies from acquiring strategic assets in the United States.
These measures aim to restore a competitive advantage to American companieswhile dissuading low-cost imports that, according to Trump, weaken the national economy.
Key points of business metrics:
- Customs duties at 10% for all imports;
- Tariffs of up to 200% for cars imported from Mexico;
- Gradual reduction of Chinese imports of technological products;
- Ban on Chinese companies holding strategic real estate.
Donald Trump: energy deregulation to reduce bills
On the energy front, Donald Trump advocates increased independence by supporting domestic oil and gas industries. This return to a liberal energy policy aims to lower energy prices for American households and businesses. He thus hears double drilling on federal lands, unblock natural gas pipelines and even reintroduce oil development to the Arctic National Reserve.
In his view, more domestic energy means less dependence on imports and, therefore, a strong position in the face of international fluctuations in energy prices.
Trump also pledges to disengage the United States from the Paris climate accordsbelieving that the production of fossil fuels remains crucial for the country's competitiveness, particularly in the field of artificial intelligence. His vision is based on a increase in nuclear production to support the energy competitiveness effort.
Its detractors, notably environmental defenders, see it as a threat to the energy transitionbut Trump insists that it is about guaranteeing access to affordable energy for all Americans.
Economy: targeted tax cuts to boost purchasing power
Donald Trump also continues his crusade for reduced taxation. His first move as president will be to maintain the 2017 tax cuts and consider further relief, aimed at both individuals and businesses.
The middle classes, according to Trump, will particularly benefit from these measures, thanks to family tax credits and interest caps on credit cards.
For businesses, a reduction in the tax rate to 15% is planned, with the hope of encouraging more companies to repatriate their production to American soil.
These tax cut promises, however, raise the question of national debt. Economists say such a policy could increase the federal debt, a risk the Trump administration appears willing to assume.
With a view to strengthening American competitiveness, the businessman also wants exempt tips from taxa measure that will appeal to restaurant and hotel workers.
Finally, Trump's tax relief plan includes promises of support for family caregivers and retirees. To do this, he is considering tax credits on auto loan interest and deductions for health expenses related to caring for a loved one, thus strengthening his image as a defender of American workers and families.
Thus, the return of Donald Trump marks a turning point for the United States: combining protectionism, energy deregulation and targeted taxation, he hopes reposition the American economy as a world leader. By supporting Bitcoin, the crypto that he propelled beyond $75,000 during the vote count, he could well push his ambitions to the world of cryptocurrencies.
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