Trump will probably seek to ease inflation and lower prices by drilling for more oil, loosening regulations, reducing federal spending, experts say.
· 2h · on MSN
Trump tells Davos business elite he wants to reverse inflation, cut taxes
Davos 2025 | Make in America or face tariffs, Trump tells global companies
Addressing the World Economic Forum, US President Donald Trump urged businesses to produce in the US to avoid tariffs, emphasising deregulation and energy production. He outlined plans for artificial intelligence and cryptocurrencies while addressing concerns over immigration and potential broad import duties.
Trump Tells Davos: Make Your Product in America—or Pay Tariffs
The U.S. president and his allies used the World Economic Forum to offer the global elite a warning: “America First” is back, by any means necessary.
Giant U.S. asset managers overseeing well over $20 trillion are anticipating continued price pressures because of President Donald Trump's immigration and trade policies, a scenario that will likely keep threatening the bond market this year.
President Donald Trump has pledged cheaper prices and lower interest rates, but an economy transformed by the pandemic will make those promises difficult to keep
President-elect Donald Trump on Monday will sign a memorandum aimed at fighting inflation after he takes office that calls for an "all of government" response to bring down costs for Americans, an incoming White House official said.
The memo signified Trump’s effort to swiftly address a historic post-pandemic spike in consumer prices. Inflation is a chief reason Americans said they disapproved of former President Joe Biden and voted for Trump over former Vice President Kamala Harris.
“Today, I will sign a series of historic executive orders. With these actions, we will begin the complete restoration of America, and the revolution of common sense,” said Trump, who at midday Monday became only the second U.S. president to serve nonconsecutive terms, after Grover Cleveland in the late 1800s.
President Donald Trump’s blizzard of executive orders during the first few days of his presidency has sent Republican lawmakers scrambling to make sense of what impact they’ll have on the country,
In his first day in office, President Donald Trump initiated a 90-day review of aspects of the Inflation Reduction Act and the Infrastructure Investment
The president's pledge to slap 25 percent tariffs on Canada and Mexico could see the prices of goods soar for U.S. consumers.
Trump promised tariffs on Day 1, yet no tariff policies have been announced so far. But a federal government hiring freeze has been enacted.
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