Trump's election raises concerns about global trade and economic stability

Donald Trump's victory in the 2024 election raises concerns about the global economy, particularly with his potential plans to impose tariffs on all imports. This approach continues a trend of prioritizing U.S. interests, which has been evident since previous administrations. The U.S. has focused on maintaining technological supremacy and protecting domestic industries, leading to higher consumer prices. Both Trump and President Biden have implemented tariffs and subsidies that impact global trade, prompting other nations like China and Germany to respond with their own subsidy programs. As the U.S. turns inward, countries must adapt by diversifying trade partnerships and reducing dependency on American markets. The global community faces challenges, including rising hunger and ongoing conflicts, while the U.S. is unlikely to lead major initiatives on peace or climate change.