01/29/2025

Five Economic Forces That Could Shape the First Year of This New Presidency

These factors could determine voters final thoughts on Trump

Like most presidents, Donald Trump faces an economy that seldom bends to political ambitions.

The Republican has promised strong growth, high tariffs, income tax cuts and booming oilfields. But despite the solid job market and low 4.1 percent unemployment rate, he has to contend with headwinds like inflation, a budget deficit, increased tensions over trade, the fallout from his plans to curtail immigration and a persistent wealth gap.

Each of these issues could help to shape how voters feel about a president they returned to the White House with the specific goal of fixing the economy.

Please select this link to read the complete article from The Associated Press.