IMA Insights
IMA Insights
Update: Trump by Adit Jain
Donald Trump’s mandate, coupled with the fact that the Republicans are expected to control both the Senate and House, will give him ample sway over Washington. The fear propaganda tom-tommed by the Democratic party and the liberal media on Trump’s operating style, intended to raise alarm, fell to the wayside.
In his previous term, he cut taxes and deregulated the economy. The momentum of growth that America witnessed over the past four years is largely accountable to his policies. Often forgotten the fact that Mr Trump funded research for covid-19 vaccines, even if he dithered in urging Americans to take them. He displayed potency in his dealings with China something that the Obama administration failed to do. The Abraham accords that brought about diplomatic engagement between Israel and the Sunni monarchies, is the critical reason why the middle-east has as yet survived a bloody conflict.
Mr Trump will cut domestic taxes and impose import duties on countries with whom America suffers a serious trade imbalance. That might affect Indian exports and visas for IT companies and they need to be prepared. This podcast explains.