Finance & economics | Taxes down, walls up

The return of Trumponomics excites markets but frightens the world

It may bring stronger growth, higher inflation and a global trade war

A Trump hat on a desk at the New York Stock Exchange in New York, United States, November 6th 2024
Photograph: Getty Images
|WASHINGTON, DC

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This article appeared in the Finance & economics section of the print edition under the headline “Taxes down, walls up”

From the November 9th 2024 edition

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Donald Trump in Brownsville, Texas on November 19th 2024

Trump wastes no time in reigniting trade wars

Canada and Mexico look likely to suffer

Illustration of a large anvil falling down on a government building.

How Trump, Starmer and Macron can avoid a debt crunch

With deficits soaring, their finance ministers will have to be smart


Scott Bessent speaks at the National Conservative Conference in Washington, DC.

What Scott Bessent’s appointment means for the Trump administration

The president-elect’s nominee for treasury secretary faces a gruelling job


What Donald Trump and Bernie Sanders get wrong about credit cards

Forget interest rates. Rewards are the real problem

Computers unleashed economic growth. Will artificial intelligence?

Two years after ChatGPT-3.5 arrived, progress has been slower than expected

Should investors just give up on stocks outside America?

No, but it is getting a lot harder to keep the faith