From the promise of returning to prosperity, uncertainty and fear – how the options of the US president shake the US economy
His return Donald Trump in White House It was accompanied by promises of recovery and economic “Renaissance”. But just in 100 daysthe United States They are confronted with financial turmoil.
Optimism for lower prices in essentials quickly turned into deep concern: the US Stock Exchange lost trillions of dollars in value, while large companies reviewed their annual forecasts.
THE Index of fear and greed (Fear and Greed Index) of CNN records steadily ‘extreme fear’ while consumer confidence reached the lower levels of 1952.
Duties, recession and international tensions
At the heart of the crisis is Trump’s commercial policy, based on extensive imposition of tariffs on imported products. The president, citing the theory of “Economic Independence”, declared an emergency to activate controversial powers and to impose unilaterally new duties, without the consent of Congress. US companies, from airlines to small and medium -sized retailers, warn of increasing shortages and possible layoffs.
He himself CEO her Walmart He warned that if these policies continue, the supply chain would be seriously disturbed by the summer. At the same time, relations with China are in dangerous escalation, creating global concerns about commercial and geopolitical impact.
Despite assurances of himself and his associates that it is a “strategic restructuring”, the data is relentless: Trump’s popularity has plunged to 41%, the lowest percentage of the president after 100 days in the last 70 years. Citizens express increasing dissatisfaction with the management of the economy (only 39% approve of their work) and for tariff policy in particular (just 35% support). The initial promise of financial “relief” seems far away, with families seeing daily expenses being launched.
Uncertain future and risk for further destabilization
Trump himself seems determined to continue on the same road, even if this means imposing duties up to 50% on some products, which would mean huge price increases for consumers.
At the same time, he has proposed a tax cut plan to offset, he argues, the increased costs – but his progress in Congress is slow and uncertain.
In addition, his interventions in the independence of the Federal Bank and his prompts for mass interest rate cuts have shaken confidence in US financial stability. As analysts note, the danger is double: not only for recession within the US, but also for global economic destabilization.
Source :Skai
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