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The Economic and Political Legacy of Trump's First Term: Implications for the Second Presidency

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Trump's economic policies have led to a 15% increase in income inequality in the US over the past 8 years.
Stock market volatility remains 10%–15% above pre-Trump levels, indicating ongoing economic fluctuations.
Foreign direct investment inflows to the US are observed to be 20% lower compared to 2016 levels, suggesting reduced investor confidence.
A 25% increase in intra-regional trade agreements outside US influence indicates a significant shift in global economic partnerships.

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Analysis shows Trump's policies shifted trade relations and income inequality in the US, highlighting potential long-term effects.

Shahini et al. (2025) studied this question.

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