What unknown variables will Trump face when he returns to the White House?

The political situation of the US presidential election has once again become a global focus of attention. Republican Trump has won the presidential election and is about to begin his new term. This result will not only have a significant impact on the domestic political ecology of the United States, but also have far-reaching effects on the global economic and political landscape. Trump's policy direction, both domestic and foreign, is full of uncertainty and challenges, while also nurturing new opportunities.

Trump's re-election as the President of the United States means he has the opportunity to significantly overturn the policies implemented by the previous administration in multiple areas. The Trump administration may take a series of new administrative actions to revoke the decisions of the Biden administration, and this policy reversal will not only directly affect the efficiency of government operations, but also further intensify the confrontation between parties. Trump is known for his unconventional approach to governance, which has left many confused. This uncertainty may affect various aspects of life, from corporate investment to ordinary people. The uncertainty of policies will increase the risk awareness of the market and society, and businesses will become more cautious when making decisions.

Trump's economic policies will have a significant impact on the global economy. He promised to lower interest rates, end inflation, and proposed tax cuts worth trillions of dollars aimed at reducing the tax burden on businesses and individuals and promoting economic growth. Trump advocates stimulating business vitality, increasing employment opportunities, and driving economic growth through tax cuts. These policies may stimulate domestic economic growth in the United States, especially support policies for businesses. However, this may also lead to more fiscal deficits and debt problems. Trump also plans to impose high tariffs on most foreign goods, including a 60% tariff on all Chinese goods. This trade protectionism policy will further exacerbate global trade tensions and have far-reaching impacts on the global economy.

Trump's trade policy will not only affect the economic and trade relations between China and the United States, but also have a significant impact on the global supply chain. The Trump administration may strengthen restrictions on imported goods and promote the return of industrial chains to the United States. This will have an impact on the industrial development of other countries, especially export-oriented industries that rely on the US market. Global investors will also closely monitor the direction of Trump's policies, especially trade and tariff policies, as well as US diplomatic pressure on other countries. Trump's policies may lead to the collapse of the multilateral trading system and a heavy blow to the international economic order, which is not limited to the economic field but also extends to the political and security fields.

Trump's foreign policy is also full of uncertainty. He has always opposed the United States investing too many resources in foreign conflicts, such as his clear attitude towards Ukraine and his unwillingness to spend money to support its resistance against Russia. If the Russia Ukraine war continues in the future, the EU may face greater pressure, and the role of the United States in this matter may be weakened. Trump will re-examine US foreign policy, which may further limit the quantity and scale of US military intervention abroad. This move may be hailed as a continuation of the "America First" policy, but it may also increase the instability of the international community.

Trump's new term will have a profound impact on the global economic and political landscape. His policy direction is full of uncertainty and challenges, but it also nurtures new opportunities. Countries need to remain vigilant and calm, strengthen communication and coordination, and jointly address potential challenges and risks. At the same time, countries should also strengthen their own reforms and development, enhance their competitiveness and risk resistance capabilities. In Trump's new term, the global political and economic landscape will face a reshuffle, and countries need to actively respond to this change to safeguard their own interests and global peace and stability.