Trade, Industrial, and Innovation Policies in the Second Trump Administration
►The second Trump administration will continue pursuing the 'America first' agenda, emphasizing aggressive trade policies with universal baseline tariffs, substantial tax cuts, and federal deregulation to promote American manufacturing and innovation.
►The administration’s focus on deregulating the big tech sector, particularly in areas like artificial intelligence (AI) and space exploration, aligns with its vision of fostering innovation while reducing federal oversight.
►These policies are expected to significantly impact global markets, heightening trade tensions with allies and competitors alike, while potentially driving shifts in international financial systems and intensifying global competition in technology and industry.