Donald Trump’s return to the US presidency is expected to bring significant shifts in both domestic and foreign policies, especially with the Republican Party controlling the Senate and potentially the House of Representatives.
This situation positions Trump strongly to pursue his key policy priorities, such as rolling back environmental regulations and shifting the implementation of the Inflation Reduction Act. These changes may slow the transition to a green economy, alter infrastructure spending patterns, and boost investments in oil and gas extraction.
Additionally, Trump’s unilateralist ‘America First’ policies are likely to increase global trade tensions, particularly with countries like Mainland China, and strain relationships with NATO allies, Japan, and South Korea.
Despite his strong political position, Trump is anticipated to face substantial constraints in enacting his more radical policies due to domestic and external factors.
Environmental regulations may be rolled back, slowing the transition to a green economy
Increased global trade tensions are anticipated, especially with Mainland China
Relationships with NATO allies, Japan, and South Korea may experience renewed strains
Trump is likely to face significant constraints in enacting his more radical policies
Steven Umidha is a data and financial journalist with over 14 years of work experience in journalism and communication.
He specialises in finance and economics reporting as well as on the causes, impacts, and solutions of global warming, conservation, pollution and sustainability, often blending scientific literacy with journalist ethics, while involving policy analysis and multimedia storytelling across various platforms in highlighting issues from biodiversity loss to ecological justice.
Besides being the Founder of Financial Fortune Media, Umidha has previously worked with the Standard Media Group, Mediamax Networks LTD, bird story agency, Business Journal Africa, and Financial Post among other outlets.