Trump re-elected US president: the impact on the economy, immigration and foreign policy

John

By John

«We made history tonight overcoming obstacles no one thought possible. America gave us a powerful mandate and unprecedented, I will keep my promises fixing everything And I will stop the wars».

Trump’s triumphant return

Surrounded by royal family complete on the very crowded and festive stage Convention Center Of Palm Beachwith Melania and brings it back to life Ivanka, Donald Trump he improvised like this victory speech after that Fox he had just crowned him 47th American president with the conquest of all States in the balance: prelude to a landslide triumph which will eventually also include the Senate and probably the Roomas well as the popular vote as has not happened since 2004 with George W. Bushonce again proving everyone wrong polls stuck until the day before in a head-to-head race.

The historic “comeback” and world leaders

«The biggest comeback of American history”, exulted after him 40 year old JD Vancewhich became the third vice president youngest in history USA. A comment used by many gods world leaders who rushed to congratulate the tycoon: from enthusiasts Benjamin Netanyahu And Viktor Orbanto the more worried leaders of other European countries, who now fear the ax of dutiesthe weakening of Born and the abandonment ofUkraine in the arms of Vladimir Putinthe only one for now not to congratulate a “hostile” country involved in the conflict.

A historic revenge for the tycoon

In fact that of Trump it was a real one historic feat who humiliated all his enemies, because he managed to return to White House to 78 years old (when he is sworn in, next January 20th, it will be president oldest to take office) defying every rule of the politically correctsurviving two impeachmentvarious processes (still pending), two criminal convictions and various scandals.

A political “miracle” for Trump

A incredible revengewhich makes it the first president to hold two non-consecutive terms after dem Stephen Grover Cleveland. A resurrection thanks to a miracle. Yes because, it is Trump’s belief, the mandate he received does not only come from people: «Many people told me that God he spared my life for a reason. That reason was save our country», he reiterated in his speech at Palm Beachrecalling the attack he survived and promising theAmerica “a new golden age».

Kamala Harris and the Democratic defeat

The tycoon has thus shattered one woman’s dream again woman breaking the glass ceilingthis time that of Kamala Harriswho preferred not to show up at his place on the night Howard Universityputting it off until the next day acceptance speech of defeat and the phone call from Congratulations to the opponent.

Trump’s winning strategies

Trump won by riding on economy And immigration the fears of an America white lost, increasing consensus even among black And Latinos. The Donald thus prepares to enter the White House with almost unlimited powers if he will have control of the whole Congressgiven that the Supreme Court he already has one conservative majority.

Domestic politics and Trump’s promises

As well as a massive one deregulation abandoning the fight to climate change and favoring another tax cut along with a crusade anti woke And anti transgender in schoolsin sportin armed forces. «America relies on a strong man», is the title of an analysis of New York Timesaccording to which «this was a conquest of the nation not by force but with a signed permit». Del people. And of God.

Trump’s outlook on immigration and foreign policy

The re-election of Donald Trump to the presidency of the United States heralds a return to policies of hard line on immigration and a possible realignment of international balances, with a more isolationist and protective approach.

Immigration: stricter controls and deportation measures

Trump has already announced a plan to drastically address theillegal immigration: the president intends seal the borders and kick off a massive mass deportation. The declared objective is to prevent new entries of illegal immigrants, who he considers an economic and cultural threat. Such measures would also include a squeeze on sanctuary cities and an intensification of controls along the border with the Mexicomarking a clear break with the more inclusive policies of recent years.

Foreign policy: tariffs and new global balances

From the point of view of foreign policyTrump has declared his intention to redefine the role of United States in NATOdemanding greater financial contributions from allies and showing less tolerance towards countries like the China. The proposed tariffs could reach very high levels (up to 60% in some cases), with the aim of protecting the internal market, but such actions risk souring relationships with key partners and causing global economic repercussions.

Relations with China and Russia: a pragmatic approach

Trump’s re-election could also mean a more direct and less diplomatic approach to elections relations with China and Russia. In particular, Trump has suggested a greater willingness to negotiate with Vladimir Putin to resolve the Ukrainian conflict, which could involve critical concessions in exchange for agreement on other fronts.

Dollar, bitcoin and Wall Street celebrate Trump

Wall Street celebrates the clear victory of Donald Trump at elections for the American presidency but she is alone, Asia and Europe they distance themselves, frightened above all by duties. The ones who flew were the dollarThe Bitcoinwhich marked new historic highsthe Bag and in particular the Nasdaq where it rocketed off Tesla (+14%) of the supporter Elon Musk.

Global markets react to Trump’s victory

Then they went up returns of the American government bonds while overall they were weak raw materials starting from petrolium. The increase in votes in favor of the Republican candidate had caused the vote to drop Chinese bagsopening a gap in Asia where instead Tokyo (+2.6%) jumped while the yen extended losses on the dollar.

Reactions in Europe and concerns about tariffs

In Europe the departure had been optimistic, dragged by the futures on Wall Street which suggested a start with a bang, but the possible repercussions on companies in the sector car and of renewable energy they changed the face of the session. Milan closed down 1.54%, Frankfurt by 1.13%, Paris by 0.5% while Londonafter changing direction several times, limited the decline to 0.07 percent. Madrid it was the worst with -2.93%.

The ECB’s alarm on tariffs and fears for global trade

With markets closed, the ECB vice-president Luis de Guindos warned of the “enormous” impact that the Trump’s tariffs: «If one important jurisdiction like him USA imposes 60% tariffs on another relevant jurisdictionlet’s say the ChinaI can assure you that the direct and indirect effects and the commercial diversions they would be huge,” de Guindos said.

Trump Trade and the prospects for the American economy

The investors then they worked out the so-called ‘Trump trade’ very differently on the two sides of the ocean. TO Wall Street the electoral outcome is also appreciated because it does not risk being contested and the impact on markets who will benefit from his policies it’s immediate. The tax cutthe deregulation hey dutiesif realized, should translate into a economic growth of the United States and consequently of the useful of American companies.

Possible risks of inflation and impact on the US deficit

As a “collateral” effect, however, they risk increasing theinflation. There Federal Reserve meets on Thursday for a speech on taxi expected to be 0.25%, and in the future will limit the interest rate cuts. Hence the reason for the drop in the value of treasuries and the rise in yields, also linked to concerns about the deficit and the sustainability of US debt. Shadows which for now do not frighten the stock markets but which give rise to reflection financial community on the risks foreconomic outlook American.

The Fed’s monetary policy and future challenges

For the Fed and his commitment to reducing inflation to the 2% target while protecting the job marketthe Trump’s policies could represent an obstacle.

The role of the dollar and the growth of cryptocurrencies

Politics protectionist instead it helped the dollarmaking money for greenback ground over all the others currenciesstarting fromeuro which managed to lose over 2% and then recover ground. The promise of tycoon to make the United States there world capital of cryptocurrencieswith regulations that favor growth of the sectorhe flew the Bitcoin at historic highs (over 75 thousand dollars) putting the threshold of 80,000 dollars in our sights.