What A U.S. Economy Under Trump Will Look Like

President-elect Donald Trump, is set to inherit the world’s leading economy. On the campaign trail, he offered many ideas for the future. One plan called for leaving about 93 million Americans off the hook for at least part of their income taxes. Trump has also called for tariffs of 10% to 20% on imports arriving in the U.S and a 60% to 100% tariff on Chinese goods. His plan to deport undocumented people could also have a far reaching economic impact. So, what’s in store now that Americans have cast their vote?

[00:48-02:31] Chapter 1: Inflation
[02:31-03:46] Chapter 2: Cutting taxes
[03:46-04:57] Chapter 3: Tariffs
[04:57-05:54] Chapter 4: Deportations

Produced and Edited by: Carlos Waters
Senior Producer: Shawn Baldwin
Animation: Jason Reginato
Additional Footage: Economic Club of Chicago, Getty Images
Additional Sources: American Enterprise Institute, Congressional Budget Office, Committee for a Responsible Federal Budget, Federal Reserve

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What A U.S. Economy Under Trump Will Look Like

[tinsleyLuna]

People are facing a tough retirement in these present adminstration . and it's even harder for workers to save due to low-paying jobs, inflation, and high rents. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire in.

[KenArthur-jb]

Rich will get richer. National deficit will skyrocket. Mexico will continue to not pay for a wall. Tariffs will raise prices.

[sirheisenberg]

Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth. hopefully he can change all this. goodluck to him

[friarpavel]

I immigrated from China and I've seen firsthand the life of people working at manufacturing plants producing stuff for the US. It's brutal nonstop 12 hours a day, utterly mind-numbing labor for okay'ish pay. I have no idea why Americans want this type of life so badly.

If Americans think the types of jobs they're getting back with Trump's policies are the high paying comfy manufacturing jobs of the 60's - they are about to be in for a real surprise. Americans have idea how much they have benefited from literal slave labor from the rest of the world.

[HectorWhitney]

Our economy struggling with uncertainties, housing issues, foreclosures, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

[OsamahMoco]

I hope we all know that it doesn't matter who is in the 'top job' because this is a systemic problem -- greed. We have allowed many of our economic sectors, to take advantage of the American people. It's disgusting and frightening for the future of our country. My wife and I will be retiring in the next two years n another country.
We are absolutely worried that SSI will no longer be funded. we'll have to rely on his pension, a 403 (b) and a very prolific Investment account with my Stephanie Janis Stiefel my FA. Our national debt is bloating and expanding every month. Our government needs to get spending under control and cut the federal budget.

[EvelynThomas-lxim]

I hit $113k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started last month 2024. Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject.

[Petehtp]

Dollar Tree will have to be renamed Ten Dollar Tree

[digimaster]

Imagine voting for tariffs without knowing what they are

[segapena]

As a 43 yr old I've lived through two major recessions that happened under Republican presidents. The history(the data) also shows a pattern of Republicans leaving the economy worse than when they came in. I have reason to get nervous about my job when Republicans are in power. I barely survived two rounds of layoffs last time.

[Helen_white]

Our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.

[loreneaustin]

Companies didn't come back to the US the last time he gave them tax breaks.

[robdevilee]

US 2025: a billionaires' playground.

[blissds-gimb]

"Alright, so I’ve got $188k just chillin’ in my emergency fund (yep, went a little overboard there, I know), and I’m finally ready to jump into the big leagues of investing. This video’s got me thinking: if Trump’s back in the game, what’s my move? Stock market? Real estate? Crypto madness? Somebody throw me a clue ‘cause I need a head start without setting this money on fire!"

[Amerigrad]

Every republucan president since Nixon has presided over a recession. Every. Single. One.

Buckle up.

[lastcommodore]

You can't blame Democrats this time when things begin to go wrong ..

[brandyag]

That man bankrupted a casino. That’s unheard of.

[ulfw]

Idiocy of Americans is hard to put into numbers

[RobbieCalifornia]

I love how Trump says "We will drill baby drill" ... as if that's not happening already under Biden. Magical thinking statement when he says we will be an oil independent country. That, trust me, is never going to happen.

[Tonyrobs]

The looming recession and the Fed's rhetoric of raising interest rates have investors extremely concerned. I'm not sure what to do with my $600, 000 portfolio yet. because we may not enter a recession, and even if the Fed is hawkish, interest rates may not be raised further.