2. Trump has managed to pull off one of the
biggest upsets in presidential election
history. It was not an easy road for Trump as
he faced stiff competition from Clinton in all
regions. Now that presidential election is
done and dusted, it is time to look to the
Future under President Donald Trump.
3. Trump has personally had his fare share of
success and failure in making his empire. So
what can he bring to the table as The
President of United States of America?
According to Trump, There are three key
elements that need to address to stabilize
and grow the US economy.
4. Trump plans to give a big fiscal boost by
lowering Taxes. The top rate of Federal
income tax will be cut from 39.5 per cent to
33 per cent, with three bands instead of
seven, and corporation tax from 35 per cent
to 15 per cent.
He also plans to focus on core Federal
programmes, such as Medicare.
5. When it comes to Trade, Trump has proposed
a 45 per cent tariff on Chinese imports and a
35 per cent on Mexican.
This is bound to play out negatively as there
will definitely be retaliation.
6. Immigration is one area of Trumps campaign
that has been under heavy scrutiny and
criticism.
The proposal for a wall between Mexico and
the US and banning Muslims has led to
intense negative image.
He also wants to repeal the Dodd-Frank Act,
and shut down the US Consumer Financial
Protection Bureau. There is also gone be
fewer controls on banks.
7. Trump claims that if all things go according to
plan US growth will be between 3.5 per cent
to 4 percent and also create 25 million jobs.
8. Many economists disagree with these
statements as it requires US to grow faster
than world economy. Only time will tell if
Trump can keep up his word. He has
managed to show the world polls wrong, now
it is time to show the world how wrong the
economists are.