What A U.S. Economy Under Trump Will Look Like
President-elect Donald Trump, is set to inherit the world’s leading economy. On the campaign trail, he offered many ideas for the future. One plan called for leaving about 93 million Americans off the hook for at least part of their income taxes. Trump has also called for tariffs of 10% to 20% on imports arriving in the U.S and a 60% to 100% tariff on Chinese goods. His plan to deport undocumented people could also have a far reaching economic impact. So, what’s in store now that Americans have cast their vote? [00:48-02:31] Chapter 1: Inflation [02:31-03:46] Chapter 2: Cutting taxes [03:46-04:57] Chapter 3: Tariffs [04:57-05:54] Chapter 4: Deportations Produced and Edited by: Carlos Waters Senior Producer: Shawn Baldwin Animation: Jason Reginato Additional Footage: Economic Club of Chicago, Getty Images Additional Sources: American Enterprise Institute, Congressional Budget Office, Committee for a Responsible Federal Budget, Federal Reserve » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Want to earn more money at work? Take CNBC’s new online course How to Negotiate a Higher Salary. Expert instructors will teach you the skills you need to get a bigger paycheck, including how to prepare and build your confidence, what to do and say, and how to craft a counteroffer. Register now and use coupon code EARLYBIRD for an introductory discount of 50% off through Nov. 26, 2024: https://cnb.cx/4f4s3rZ Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC on Threads: https://cnb.cx/threads Follow CNBC News on X: https://cnb.cx/FollowCNBC Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC #CNBC #Economy What A U.S. Economy Under Trump Will Look Like
