Donald Trump is once again highlighting his aggressive economic strategy as elections approach. His campaign centers around high tariffs and control over the Federal Reserve.
Trump's Economic Program
Former U.S. President Donald Trump has proposed high tariffs on imports from countries like China and Russia to protect the domestic economy. These measures could reach 60%.
Fighting Deficit and Inflation
Trump's proposals include lowering the corporate tax rate to 15% and offering incentives to domestic manufacturers. However, experts believe his economic plan could increase the deficit, which is already nearing $2 trillion.
BRICS and De-dollarization
On the international stage, BRICS countries like China and Russia have strengthened their positions trading in local currencies, potentially weakening the influence of the US dollar. Trump aims to bring trade back to the US, related to his stance on Russia and China.
Trump's economic strategy aims to reinforce the US position on the global stage, raising questions about the impact on domestic economy and international relations.
