The prospect of a market crash becomes a higher risk. A second Trump presidency could end up like many second terms: a lame-duck one
Republican presidential nominee and former U.S. president Donald Trump and Republican vice presidential nominee J.D. Vance point to the stage during Day 1 of the Republican National Convention at the Fiserv Forum in Milwaukee, Wis., on July 15.debacle, the betting markets have favoured Donald Trump returning to the White House. So, regardless what happens next, we’ve begun pondering what a second Trump presidency would entail.
For instance, we know Mr. Trump loves tariffs and that he’s said he’ll use them to protect American jobs and fund tax cuts. But while it would be disastrous if Canada lost access to its southern market, it’s not at all clear across-the-board tariffs are coming, nor that they’ll apply to this country.sector, the link between it and the policy regime is surprisingly weak. The share prices of oil companies floundered under Mr. Trump, but they have boomed under Mr. Biden.
Further reducing the time in which he’ll have to act will be the likely makeup of Congress. The odds currently favour the Republicans securing narrow wins in thethis fall, but that won’t likely be the case in 2026, when midterm elections will probably go the other way. If Democrats retake one and possibly both houses of Congress that year, they would then be able to rein in Mr. Trump.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
My message to Canada: Buckle up and get ready for a second Trump presidencyPresident Trump is not going to allow the American people to carry the lion’s share of the burden while allies don’t pull their weight
Read more »
Donald Trump shooting spurs ‘increased vigilance’ in Canada, minister saysCanadian security agencies are 'exercising increased vigilance' after the assassination attempt against former U.S. president Donald Trump, the federal public safety minister said.
Read more »
What a Donald Trump presidency means for CanadaThe most striking thing about walking the floor of the Republican National Convention (RNC) is seeing just how much this is Donald Trump's party, CTV News' Vassy Kapelos says.
Read more »
Melania Trump's Living Situation Will Change If Donald Trump Wins, Experts PredictRon Dicker is a general assignment reporter at HuffPost. He has covered sports, entertainment and many other beats in his journalism career, and has lived in New York City for more than 20 years.
Read more »
Lara Trump’s Latest Donald Trump Claim Receives Easiest Fact Check Of All TimeSpanish/English journalist covering a wide range of topics -- from breaking news and politics to popular culture, street art, memes, satirical takes, environmental issues, social media trends and more.
Read more »
Melania Trump Gives Rare Statement After Donald Trump's Rally ShootingSanjana is a HuffPost reporter currently based in her native city of Chicago after reporting from Washington, D.C. She covers breaking news and politics, and previously wrote for the AP. You can reach her at sanjana.karanthhuffpost.com or on Twitter at sanjanakaranth.
Read more »