Trump's advisory team is planning to implement a strong economic package in 2025, focused on fiscal measures. Part of their strategy involves extending the tax cuts from the 2017 tax legislation, as well as reducing the corporate tax rate. However, there is uncertainty about the viability of some of their proposals, such as repealing taxes on tips and overtime.
It is estimated that Trump's fiscal policies could lead to modestly faster economic growth and higher inflation, increasing public debt to 141% of GDP by 2034. This would pose challenges for the stock market and tighter financing conditions.
Regarding cryptocurrencies, Trump seeks a friendlier stance from the Securities and Exchange Commission, in contrast to the more regulatory attitude that has been taken so far. Additionally, the economic outlook under Trump would include a series of changes in monetary and financial policy, as well as measures to boost the national economy.
Despite all of Trump's proposals, there is skepticism about his ability to carry out all his plans, especially those related to drastic changes in international trade and fiscal policies. Uncertainty in financial markets and the possibility of conflicts among internal political forces are also factors to consider in the economic outlook under the Trump administration.
