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What would be the global impact of Trumps economic policies? | Business and Economy [Video]

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Canadian National News

Tariffs and tax cuts are at the core of Donald Trump’s economic policies.

Donald Trump has threatened to hike tariffs as soon as he assumes office as United States president on January 20.

Both his rivals and allies could be affected by the measures.

Trump says the measures are aimed at protecting US industries. But, he has gone as far as threatening to use economic force against Ottawa after suggesting Canada should become the 51st US state.

Many economists have warned his policies, which also include cutting taxes, could reignite inflation and lead to a global trade war.

And what is the cost of Los Angeles wildfires?

Plus, the United Kingdom’s first sanctions law to target people smugglers.

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