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Story perspectives

Trump's Inauguration Sparks Global Economic Concerns

1/27/2025

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Story summary
  • Donald Trump's inauguration as the 47th U.S. president raises investor concerns about inflation and tariffs.
  • Philippine stocks declined post-election, yet experts predict minimal impact from U.S. tariffs.
  • Romania struggles with political instability, affecting investor confidence and a high budget deficit.
  • The U.S. budget deficit is expected to surpass 7% of GDP, hindering Trump's economic initiatives and raising borrowing costs.