A look at the next four years under Trump
Now that the dust has settled after the 2016 election and with the inauguration of President Donald Trump inching ever closer, many are worried about what the next four years is going to look like. Here’s a sneak peek at what the Trump administration may have in store.
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A large part of the discussion over President-elect Donald Trump focuses on the things that he’s said (or tweeted), with controversial statements a plenty stirring vitriol amongst his many critics. Here’s a look back on some of his statements and what his campaign rhetoric means for various domestic issues over the course of his administration.
Three things to know about Trump’s economic plan
1) Cuts are coming
Trump wants the personal income tax rate to drop by 6.6 percent as the seven tax brackets are consolidated into three, the corporate tax rate to drop 20 percent (making it a big draw for multinational companies), taxes on small businesses to drop to 15 percent, the estate (or “death”) tax to be cut entirely. Beyond taxes, Trump also wants to eliminate regulations on energy companies and other organizations in addition to stopping all new agency regulations. How he intends to pay for these tax cuts or go about changes in regulations have yet to be outlined.
2) RIP to TPP (and NAFTA, maybe)
The Trans-Pacific Partnership, an Obama-backed proposed agreement between the United States and 11 other Pacific Rim nations aiming to set new terms for trade and business investment, has died in the wake of the election after both candidates opposed it on the campaign trail. Up next for Trump: the North American Free Trade Agreement, also known as NAFTA. NAFTA, an agreement made in 1994 forming a trilateral trade bloc between the United States, Canada and Mexico, has been a frequent focus of attack for Trump, who called it “the single worst trade deal ever approved in this country” during the first presidential debate. As NAFTA only concerns trade with Canada and Mexico, which composes less than five percent of the GDP, some fear destroying the agreement would mainly serve to hurt U.S. relations with Canada and Mexico.
3) Bye, bye Obamacare
On the “Healthcare reform to Make America Great Again” section of his website, Trump outlines his plan for replacing Obamacare, going as far to say that the call to Congress to repeal it will happen on the first day of the Trump administration. Trump plans to remove regulations against health insurance being sold across state lines, allowing full competition in the healthcare market. Other plans: Medicaid to become a grant program, the extending of the tax exemption on employer-based insurance to individuals purchasing their own coverage, the importing of prescription drugs, reforming mental health institutions and other proposals. “By following free market principles and working together to create sound public policy that will broaden healthcare access, make healthcare more affordable and improve the quality of the care available to all Americans,” the website reads.
One more time: Stein calls for recounts
After alleged evidence of hacking involved in the voting machines used in the election, former Green Party presidential candidate Jill Stein is calling for a recount in three key swing states of Pennsylvania, Wisconsin and Michigan. Stein, who won one percent of the popular vote, said on CNN that if tampering took place, “it would be most likely to be discovered in the three states where we are looking.”
A goal of $2.5 million dollars was needed to order a recount of those three states. In a matter of 48 hours, Stein reached that goal and is now filing to have those states recount the votes.
According to a report from The Hollywood Reporter, Clinton and her aides see the recount as a waste of resources. Trump has criticized the recount as a ploy for Green Party fundraising.
All around the world: how can a Trump presidency affect our relationship with…
The president-elect claimed China’s presence in the World Trade Organization is “killing” America. “China is sucking us dry. They’re taking our money. They’re taking our jobs,” Trump said. According to Trump, China has absolute control over North Korea even though they don’t admit it.
And because of this, Trump wants them to make Kim Jong Un “disappear.” He has also talked about starting a trade war with China. China’s government has not spoke on Trump’s win in the election.
Trump’s call for a wall along the United States’ border with Mexico, and his promise to make the other country pay for it, is one of his most controversial plans of his campaign.
If he proceeds with the plan to build a wall, the American alliance with Mexico will be threatened. The American-Mexican relationship was called the “most important bilateral [one]” by former President George W. Bush.
Trump has previously claimed that he loved Canada, but has since criticized and questioned their economic and security policies and pledges to renegotiate NAFTA (see economic section).
Prime Minister Justin Trudeau has agreed to work with Trump and discuss renegotiating the trade agreement, but the possibility of reopening talk on NAFTA depends on if Trump follows through with his plans.
The relationship between Syria and our president-elect looks rocky considering Trump’s promises on immigration. He plans to create new screening procedures, implement immigration laws and stop incoming immigrants from dangerous regions with histories of harboring terrorism, temporarily. His strategy to take down ISIS is to operate with Middle Eastern allies and overcome the radical Islamic terrorism ideas, according to his campaign website.
Trump plans to create an alliance with Russia despite his going back and forth on his relationship with Russia’s leader Vladimir Putin. America’s future with Russia looks bright. Both leaders have said they liked each other. Putin said Trump was talented and bright. Trump repaid the compliment, “I like him because he called me a genius. He said Trump is the real leader,” said Trump. He sees improving this relationship as critical to simplify conflict in Syria.