According to the Wisdom Financial APP, after the assassination attempt and a strong performance in the debate, the possibility of former US President and Republican Trump being re-elected as President is rising, which is causing Wall Street to prepare for the possible sticky inflation, protectionist trade policies, and a rise in long-term bond yields that may occur after the election.

However, Trump dismissed these concerns, stating in an interview that 'Trump economics' is equivalent to low interest rates and low tax rates, and his goal is to make the economy great again through the Trump economic plan. This would be 'a huge impetus to completing the task and bringing businesses back to our country.'

The following are some of Trump's plans after his return to the White House:

Economy, Employment

Trump will allow Federal Reserve Chairman Powell to complete his term, which will end in May 2026. 'I will let him stick to it,' Trump said, 'especially if I think he is doing the right thing.'

But he said the Fed should not cut interest rates before the November election to avoid boosting the economy and Biden. 'They know they shouldn't do this,' he said. Currently, the market expects two interest rate cuts this year, with one possibly in September before the election.

In addition, Trump said he would consider JPMorgan CEO Jamie Dimon as Treasury Secretary. This softened his view of the JPMorgan CEO last year, when he called Dimon an 'overrated globalist.'

To combat inflation, Trump plans to lower prices by paving the way for more oil and gas drilling. 'We have more liquid gold than anyone else,' he said. He also believes that his proposed trade tariffs will bring unexpected wealth to the United States, despite economists' concerns that his plan could exacerbate inflation and consumer taxes.

Trump also plans to implement strict immigration restrictions, believing that this will promote domestic employment and reiterated that illegal immigrants are taking away jobs. It is worth noting that data from the US Bureau of Labor Statistics shows that since 2018, naturalized US citizens and legal residents have seen the biggest job growth.

Taxation, Social Media, Cryptocurrencies

Trump hopes to lower the corporate tax rate to 15%, even lower than the 20% he promised CEOs last month as part of his plan to reduce regulation.

As for social media, Trump believes that companies have become 'too big and too powerful.' Even so, he will not ban TikTok, owned by ByteDance, for the sake of competition. 'If there is no TikTok, only Facebook and Instagram - you know, that's Zuckerberg,' Trump said, he is still unhappy with Facebook's decision in January 6th, 2021 to indefinitely ban his account after the US Capitol riots.

Regarding cryptocurrencies, although Trump previously called Bitcoin a scam, he now believes that top cryptocurrencies and other cryptocurrencies should be made in the United States.

Foreign Policy

Trump also plans to impose a 10% tariff on all goods imported into the United States to ensure economic fairness.

When asked whether he was unhappy about Saudi Arabia increasing its drilling in the US, Trump disagreed because of his close relationship with Saudi Crown Prince Mohammed bin Salman.