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The Conversation
The Conversation
Susan Stone, Credit Union SA Chair of Economics, University of South Australia

Trump’s economic vision is no longer a ‘maybe’. Here’s what it might mean for Australia and the world

For months, experts and commentators have been weighing up what the possible return of Donald Trump might mean for financial markets and the global economy.

Now, at least, they have a bit more certainty. Trump has decisively won the 2024 US presidential election. He’ll be officially inaugurated as the country’s 47th president in January.

The incoming administration has already flagged its economic agenda: lowering taxes, raising tariffs, withdrawing from key agreements and moving away from the rules-based global trade order. These measures could have profound impacts.

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