Here are the central pillars of MAGAnomics for a Trump second term

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Donald Trump hopes to reclaim the presidency, in part, through riding a wave of economic discontent. Here are the central tenets of his economic policy agenda.

During his first term, Trump oversaw an economy that expanded every quarter of his presidency, save during the pandemic, and featured lowThe former president is looking to contrast his economic agenda with that of President Joe Biden, who, despite boasting strong job numbers and a post-pandemic economic expansion, has been mired in low economic approval ratings due to high inflation and high interest rates.

Trump’s tariff policy proposals are billed as narrowing the trade deficit and supporting domestic manufacturing jobs. The push is also advertised as safeguarding the country’s supply chains, which, as the pandemic exposed, are often reliant on foreign nations for critical goods such as medicines and certain minerals.

A GOP-controlled Congress can efficiently reverse final regulations using the CRA if the Biden-era rules in question are introduced 60 working days before this session of Congress ends. The deadline for that is thought to be around the end of May. “So what will happen with those rules instead is there will be court challenges, and then the Trump administration will try to rewrite those rules,” Crews said of the rules prior to the CRA deadline.

In a series of videos posted to his campaign website, Trump noted that the U.S. is trillions of dollars in debt and said that Biden is trying to give public benefits to migrants through higher taxes. “Historically, whenever you’ve got people coming in at the lower end of the economic spectrum with very limited skills, they don’t tend to eat the lunch of journalists and academics,” Hankinson told the. “They eat the lunch of Americans who have maybe a high school diploma at best … in many ways the new illegal immigrant wave is competing with the last wave of legal immigrants.

 

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