Donald Trump's victory in the 2024 presidential election sets the U.S. economy on a course shaped by his agenda. Here's what that means.

With the U.S. presidential election on a knife edge and less than a week away, financial markets are watching with bated breath.

A recent KPMG analysis contends that if all of Trump’s policies are implemented, Australia’s economic growth would be between 0.8% and 1.5% lower than it would otherwise have been: a projected loss of between $19 billion and $36 billion.

With the US election only hours away, the UK will be watching and waiting to see if former president Donald Trump or vice president Kamala Harris is able to take the win. But how could the US election actually affect the UK economy?

President-elect Donald Trump’s plans for higher tariffs, lower taxes and more curbs on immigration are expected to reignite inflation, but economic forecasters are divided over whether they’ll weaken or boost the U.

The economy usually ebbs and flows post-election regardless of what party picks up power. Though some economic policies that President-elect Trump favors have been flagged as inflationary.  “If people have lower taxes,