One of the key policies he is expected to address upon assuming office in the White House includes raising tariffs on imports from China, Europe, Latin America, and other countries in an attempt to bolster the U.S. economy. Additionally, he plans to reduce corporate taxes from the current 21% to 15%, issue broad licenses for American energy projects, and invest in advanced technology initiatives, among other policies. These measures are anticipated to have significant effects on both the U.S. and global economies.
Note: This article has been automatically translated.
Source: Akhbar Alkhaleej
Ali Faqeeh, Research Associate