Trump's Return: Global Economy Braces for Changes

Donald Trump's re-election has sparked a lot of talk about what it means for the world's economy. He's promised big changes like higher taxes on imports, tax cuts, and less government rules. Analysts are wondering how much of this he'll actually do and what impact it could have. Lizzy Galbraith, who works with money managers, thinks it depends on who's in charge of Congress. If Trump has a lot of power there, he could do more. Some people think he might use higher taxes on imports to get better deals with other countries.Others think he'll just raise taxes on a lot of things. This could make things more expensive for people to buy and slow down spending. Europe and Asia are worried too. They think Trump's plans could cause problems for trade and make economic growth harder. Some think Europe could be hurt the most if Trump pushes for more extreme policies. China might feel the heat too, but they're more ready this time. Ben May, who studies global economic trends, says the impact could be big if Trump goes for more radical changes.