Trump's victory raises concerns over global economic impact

Donald Trump's recent presidential victory is expected to have immediate and significant effects on the global economy. His proposed policies, including higher trade tariffs and deregulation, could strain government finances and impact inflation and growth worldwide. With Trump's Republican Party also gaining control of the Senate, he may find it easier to implement his fiscal plans. Experts warn that his policies could lead to increased U.S. debt and inflation, affecting global financial stability and trade dynamics. Emerging markets, particularly Mexico and China, may face challenges due to potential U.S. tariffs. The dollar's strength could increase borrowing costs for these countries, while Europe might struggle with higher defense expenses if U.S. support decreases.