- Winning start for Poch's American adventure
- Morocco's tribeswomen see facial tattoo tradition fade
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- Colombia guerilla group urges delegations not to attend COP16 in Cali
- Pakistan frets over security ahead of SCO summit
- Ronaldo scores 133rd Portugal goal in Nations League win over Poland
- 40 nations contributing to UN Lebanon peacekeeping force condemn 'attacks'
- Eight dead as heavy rain thrashes Brazil after long drought
- Jewish school in Canada hit by gunfire for second time
- Morocco crush Central African Republic, Guirassy scores hat-trick
- Dupont scores quickfire hat-trick on Toulouse Top 14 return
- Ronaldo scores in Portugal's Nations League win as Spain sink Denmark
- Interim boss Carsley has not applied for England job
- Mets hurler Senga ready to take on Dodgers in game one of NL Championship Series
- Ronaldo on target again as Portugal defeat Poland in Nations League
- Guardians rip Tigers 7-3 to advance in MLB playoffs
- AFP, BBC win top French war reporting awards
- Carsley goes back to basics as humbled England face Finland
- Alex Salmond: the man who took Scotland to the brink of independence
- Scotland's former leader Alex Salmond dies aged 69: party
- UN warns of catastrophe as Israel fights a two-front war
- Croatia extend Scotland's losing streak
- South Africa, New Zealand boost T20 World Cup semi-final hopes
- 'Very challenging': Israel faces Hezbollah in tricky terrain
- Farrell begins to feel at home as Racing 92 beat Toulon
- South Africa boost T20 World Cup semi-final hopes with Bangladesh win
- Samson ton powers India to T20 series sweep after record total
- Djokovic to face Sinner in Shanghai final with 100th title in sight
- UN peacekeepers to remain in Lebanon: spokesman
- Pro-Conquest film fuels debate in Mexico over colonial legacy
- Samson ton powers India to record 297-6 in Bangladesh T20
- New Zealand enjoy perfect start to America's Cup defence over Britain
- Pogacar emulates icon Coppi with fourth straight Il Lombardia triumph
- UN warns against 'catastrophic' regional conflict
- New Zealand crush Ineos Britannia in America's Cup opener
- Djokovic to face Sinner in blockbuster Shanghai Masters final
- With medical report Harris seeks to play health card against Trump
- Sri Lanka seeks to match success in W.Indies T20s
- Sinner reaches Shanghai final, will end year number one
- China-EU EV tariff talks in Brussels end with 'major differences': Beijing
- Sabalenka downs Gauff in three sets to reach Wuhan final
- Israel warns south Lebanon residents to 'not return'
- Sinner tames Machac to reach Shanghai Masters final
- Buried Nazi past haunts Athens on liberation anniversary
- Harris to release medical report confirming fitness for presidency: campaign
- Nobel prize a timely reminder, Hiroshima locals say
- Hezbollah fires at Israel as wars rage on Yom Kippur
- Analysts warn more detail needed on new China economic measures
- China tees up fresh spending to boost ailing economy
- China says will issue special bonds to boost ailing economy
What US economic measures can be expected if Trump is reelected?
Former US president Donald Trump campaigned on the economy during his failed reelection bid in 2020 and it remains a major theme in his push to retake the White House again in 2024.
Inflation and high interest rates are at the heart of Americans' concerns as Trump steers towards a probable November rematch with President Joe Biden.
Here are three subjects likely to feature among his economic priorities if he returns to the White House:
- Tariffs and US-China trade -
"When companies come in and they dump their products in the United States, they should pay automatically, let's say a 10 percent tax," Trump told Fox Business back in August.
"That money would be used to pay off debt," he added.
According to the World Trade Organization (WTO), tariffs on goods entering the United States currently average 3.4 percent, with disparities depending on the product and country of origin.
It is not clear, however, whether this automatic "10 percent tax" would replace or be added to the existing one.
This "trade war" would be key among Trump's economic policy if he returns to office, Marcus Noland, vice president of the Peterson Institute for International Economics (PIIE), told AFP.
He said he worries that this will "have additional effects of further weakening the international trade system," and do "further damage to the WTO and the rules-based trade order."
And with consumers already struggling to cope with inflation, higher tariffs could push up the price of imported goods.
China, in particular, is likely to remain in the former president's crosshairs, George Washington University professor Steven Hamilton told AFP.
"There's a lot of unknowns about what will happen post the election," he said, adding that "Trump seems to have focused on the trade war with China."
- Tax cuts-
One of the main measures of Donald Trump's first term in office was a major package of tax cuts, introduced in 2017, which impacted both households and large companies. These reforms are due to expire in 2025.
"I would assume his goal and, you know, a lot of the people that are around him, would want to extend what they did," Richard Stern, a director at the Heritage Foundation, a conservative think tank, told AFP.
Nevertheless, with higher interest rates driving up the cost of debt, "there's gonna be a lot of pressure to have the tax reform bill have less on paper deficits than it had last time," he added.
Ben Ritz of the Progressive Policy Institute (PPI) told AFP he believes "the centerpiece of Trump's economic agenda is going to be trade wars and tax cuts."
"He's gonna say that's putting money in Americans' pockets," said Ritz, who is director for PPI's Center for Funding America's Future.
"But what it's really going to be doing is just adding to our debt, increasing the cost of borrowing, increasing the cost to consumers, and probably isolating us internationally from our allies," he added.
- Green industries under attack -
Electric vehicles and solar panels are also in danger of losing their momentum if Trump returns as president.
The Inflation Reduction Act (IRA), which passed in the summer of 2022, will direct around $370 billion towards clean energy.
It is "probably Biden's biggest initiative," notes Hamilton.
Trump is determined to overhaul the IRA and "maximize fossil fuel production" if he wins a second term, advisers to the Republican presidential hopeful told the Financial Times in November.
Such a move would "strangle a blossoming industry of green technologies that the IRA was designed to stimulate," said Ritz from PPI.
D.Sawyer--AMWN