Trump Faces Daunting Challenges as He Prepares for Second Term
US President-elect Donald Trump enters his second term with significant expectations from American voters, but fulfilling his ambitious agenda will prove challenging from the moment he is inaugurated on Jan. 20, CE Report quotes Anadolu Agency
Economic Promises and Challenges
The economy, particularly inflation and high grocery prices, dominated Trump's campaign rhetoric. He promised to lower costs quickly, though experts suggest his proposed 25% tariffs on imports from key trade partners like Mexico and Canada could lead to higher consumer prices instead. Economist Ed Hirs warns that such tariffs would drive up costs across sectors, including energy, as Canada supplies millions of barrels of oil daily to the US.
Immigration Overhaul
Trump aims to overhaul the US immigration system with measures like mass deportations and ending birthright citizenship. Critics argue these policies could harm the economy by reducing the workforce in essential labor sectors, from agriculture to oil drilling.
Relations with China and Trade Policy
After strained ties during his first term, Trump has expressed a desire to improve relations with Chinese President Xi Jinping. However, plans to impose steep tariffs on Chinese imports could reignite a trade war, potentially disrupting global supply chains and exacerbating inflation.
Global Conflicts and US Role
The Trump administration will face pressing international conflicts, including the Israeli-Palestinian war and the Russia-Ukraine conflict. Trump has signaled a hands-off approach to these crises, suggesting the European Union and other powers might need to step up. However, experts warn that US withdrawal from global leadership could create a power vacuum for rivals like China and Russia.
Climate Change and Energy Policies
Trump has criticized climate change initiatives, vowing to roll back measures in the Inflation Reduction Act (IRA), which invests heavily in clean energy. Yet, with significant clean energy projects underway in Republican districts, experts believe reversing these policies entirely may be politically unfeasible.
Trump’s packed agenda includes navigating domestic and international challenges while addressing scrutiny from critics and allies. His ability to deliver on promises will become clearer in the midterm elections, which could reshape the balance of power in Congress.