Donald J. Trump, the Republican presidential nominee, called for 4 percent growth as he laid out his economic policy in a speech to the Economic Club of New York. Damon Winter/The New York... Trump’s policy record included major changes at home and abroad. He achieved a string of long-sought conservative victories domestically, including the biggest corporate tax cuts on record, the elimination of scores of environmental regulations and a reshaping of the federal judiciary. 16 minute read. By Tessa Berenson Rogers. September 15, 2016 12:38 PM EDT. Donald Trump outlined aspects of his economic plan in a new speech Thursday, promising an “American economic... The USMCA is expected to generate over $68 billion in economic activity and potentially create over 550,000 new jobs over ten years. Signed an executive order making it government policy to Buy American and Hire American, and took action to stop the outsourcing of jobs overseas. Donald Trump's economic policies during his presidency were mainly characterized by tax cuts, trade wars and tariffs, deregulation, and restrictions on immigration. Feb. 12, 2021. The Trump Presidency: A Final Economic Scorecard. President Donald Trump inherited the longest economic expansion in U.S. history from President Barack Obama. His two signature economic policies—the 2017 tax cuts and the trade war with China—hurt American workers and families. Real GDP growth under President Trump has beaten the Congressional Budget Office's (CBO) projections every year and exceeded the rate of the Obama Administration's expansion. 5 million more jobs have been added than the CBO projected prior to the 2016 election. During the 2016 campaign, we estimated that President Trump’s policies would increase debt by $4.6 trillion over ten years, excluding interest. Actual legislation and executive actions during the Trump administration prior to the current crisis increased deficits through 2026 by $3.9 trillion. The U.S. trade deficit in goods and services in 2020 was the highest since 2008 and increased 36.3% from 2016. The number of people lacking health insurance rose by 3 million. The federal debt...
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