This report by PIMCO, authored by public policy expert Libby Cantrill, analyzes the expected economic and policy impacts of Donald Trump’s second presidential term.
• Legislative Constraints: Narrow Republican majorities may limit Trump’s ability to pass significant tax cuts and spending reductions.
• Executive Actions: Key focus areas include reversing Biden-era regulations, imposing tariffs on China, and tightening immigration controls.
• Fiscal Outlook: Likely increased deficits with potential short-term extensions of the Trump tax cuts, while debt ceiling adjustments are anticipated.
For a comprehensive analysis of these projected policies and their market implications, access the full report.