Potential Economic Impact Of Trump's Policies On U.S. Growth

According to BlockBeats, the initial positive reaction of the U.S. market to Trump's victory has since moderated. Economist Phil Suttle has presented an alternative scenario, suggesting that the more aggressively Trump implements policies such as deportations and tariffs, the greater the likelihood of the U.S. facing stagflation fears in the coming years. Suttle warns that if immigration is curtailed and workers are deported, the labor force may lose all growth momentum or even shrink. He estimates that combined with tariffs, economic growth could stagnate or reverse in 2025 and 2026. Meanwhile, worker shortages and tariffs could drive up prices, potentially pushing the inflation rate above 3% annually. Suttle believes that more aggressive policies from Trump could exacerbate these effects.